DGAP-News: CENTROTEC Sustainable AG: CENTROTEC meets earnings forecast for 2013 - forecast for 2014: slight growth in revenue and earnings


DGAP-News: CENTROTEC Sustainable AG / Key word(s): Preliminary
Results/Forecast
CENTROTEC Sustainable AG: CENTROTEC meets earnings forecast for 2013 -
forecast for 2014: slight growth in revenue and earnings

03.02.2014 / 07:30

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Brilon, February 3, 2014: CENTROTEC Sustainable AG, Brilon, generated
revenue of EUR 525 million in the 2013 financial year (unaudited; previous
year EUR 533.8 million). Based on provisional calculations, the prior-year
operating result (EBIT) of EUR 35.2 million will be just exceeded, in line
with the earnings forecast made one year ago.
CENTROTEC starts the 2014 financial year on a cautiously optimistic note.
The signs of general economic stabilisation in many European markets that
have latterly performed very weakly is one important factor, along with the
fundamentally positive development of the home market Germany. On that
basis, CENTROTEC anticipates slightly higher revenue and earnings for the
current financial year. It will only be possible to give a more precise
forecast as the year progresses because the performance of international
markets in particular, but also the impact of the regulatory changes taking
place in Germany, are currently still very difficult to anticipate.
The audited 2013 financial statements and Annual Report will be published
at the Annual Press Conference on March 27, 2013. The group's new Chief
Financial Officer, Dr. Thomas Kneip, will also be introduced at that event.
Dr. Kneip was appointed with effect from January 1, 2014 and will be based
at the group's biggest location, the headquarters of Wolf in Mainburg,
Bavaria. His predecessor Anton Hans will continue to perform the task of
Chief Risk and Audit Officer from Brilon.

CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in over 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air ducting systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.

CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt am Main;
indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or
MetaCom GmbH, Georg Biekehör, Tel: +49 (0)6181 98280-30


End of Corporate News

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Language:    English                                               
Company:     CENTROTEC Sustainable AG                              
             Am Patbergschen Dorn 9                                
             59929 Brilon                                          
             Germany                                               
Phone:       +49 (0)2961 96631-0                                   
Fax:         +49 (0)2961 96631-100                                 
E-mail:      ir@centrotec.de                                       
Internet:    www.centrotec.de                                      
ISIN:        DE0005407506                                          
WKN:         540750                                                
Indices:     SDAX                                                  
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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