DGAP-Adhoc: SGL CARBON SE: Difficult carbon fiber end-markets continue to burden EBIT of Business Area Carbon Fibers & Composites


SGL CARBON SE  / Key word(s): Forecast/Change in Forecast

30.07.2012 18:28

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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Wiesbaden, July 30, 2012. As previously guided, SGL Group's Q2/2012 EBIT on
the Group level will approximately reach the level of Q1/2012 Group EBIT.
However, while the Business Areas Performance Products and Graphite
Materials & Systems continue to perform as anticipated, the Business Area
Carbon Fibers & Composites (BA CFC) is facing additional delays in military
and civil aviation projects, a major production facility shutdown of a
customer in the wind industry on top of an overall weak demand environment
for industrial carbon fibers in particular. As a result, EBIT in BA CFC in
Q2/2012 did not show the expected improvement over Q1/2012 but will remain
approximately on the level of the Q1/2012 loss of EUR 8 million.

As the end market conditions of the BA CFC show no immediate signs of
improvement, we now expect full year 2012 BA CFC losses to be higher than
in 2011 versus the previous expectations of a loss reduction.
Nevertheless, the Company expects the BA CFC losses in the second half to
improve compared to the first half of this year.

As a result, full year 2012 Group EBIT is now expected to be in the range
of the 2011 full year Group EBIT of EUR 160 million.

The half year 2012 report and outlook will be published on August 9, 2012.


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Information and Explaination of the Issuer to this News:

Important note:
This press release may contain forward-looking statements based on the
information currently available to us and on our current projections and
assumptions. By nature, forward-looking statements involve known and
unknown risks and uncertainties, as a consequence of which actual
developments and results can deviate significantly from these
forward-looking statements. Forward-looking statements are not to be
understood as guarantees. Rather, future developments and results depend on
a number of factors; they entail various risks and unanticipated
circumstances and are based on assumptions which may prove to be
inaccurate. These risks and uncertainties include, for example,
unforeseeable changes in political, economic, legal, and business
conditions, particularly relating to our main customer industries, such as
electric steel production, to the competitive environment, to interest rate
and exchange rate fluctuations, to techno-logical developments, and to
other risks and unanticipated circumstances. Other risks that in our
opinion may arise include price developments, unexpected developments
connected with acquisitions and subsidiaries, and unforeseen risks
associated with ongoing cost savings programs. SGL Group does not intend or
assume any responsibility to revise or otherwise update these
forward-looking statements.

Your contact:
Corporate Communication / Tino Fritsch
Telephone +49 611 6029 105 / Fax +49 611 6029 101 / Cell +49 170 540 2667
E-mail: tino.fritsch@sglcarbon.de / www.sglgroup.com

30.07.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SGL CARBON SE
              Soehnleinstraße 8
              65201 Wiesbaden
              Germany
Phone:        +49 (0)611 6029 - 103
Fax:          +49 (0)611 6029 - 101
E-mail:       investor-relations@sglcarbon.de
Internet:     www.sglgroup.com
ISIN:         DE0007235301
WKN:          723530
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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