adesso AG / Key word(s): Miscellaneous 27.01.2014 20:05 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The executive board of adesso AG has decided to enter into customer-demanded negotiations about the premature termination of a contract regarding a major project due to opposing assessments of the status of the project and how to proceed. Although adesso wishes to continue with the project in line with contracts, in the light of the specific circumstances this seems unlikely. The possible, immediate impact on earnings from the project termination is estimated between EUR 0.5 to 1.0 million and will have an impact in fiscal year 2013 through the precautionary devaluation of inventories. The consequences regarding full year 2013 guidance for EBITDA of EUR 7.5 to 8.0 million can not be estimated before having preliminary consolidated figures at hand. The Executive Board Contact: Christoph Junge Chief Financial Officer Tel.: +49 231 930-9330 E-Mail: ir@adesso.de 27.01.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: adesso AG Stockholmer Allee 24 44269 Dortmund Germany Phone: +49 (0) 231 930-9330 Fax: +49 (0) 231 930-9331 E-mail: ir@adesso.de Internet: www.adesso-group.de ISIN: DE000A0Z23Q5 WKN: A0Z23Q Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (General Standard), Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: adesso AG: Anticipated losses with a major project
| Source: EQS Group AG