DGAP-Adhoc: FAST Casualwear AG: Preparation of the half years financial statements

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| Source: EQS Group AG
FAST Casualwear AG  / Key word(s): Profit Warning

27.08.2014 10:58

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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During the preparation of the half years financial statements of Fast
Casualwear AG it has shown yesterday that the result for the 2014 financial
year will be significantly lower than planned due to changing market
conditions. This will eventually have a negative impact on the financial
position. In its annual report in April 2014, the company has forecasted
the sales growth would be 15% - 20%, earnings before interest and taxes
would be 16% - 19%.

These forecasts must now be revised downwards. The company now expects that
in 2014 the revenue is expected to decrease by 25% -30% compared to 2013.
The margin before interest and taxes is forecasted 8% -10%.

27/08/2014 
Fast Casual Wear AG 
The Executive Board


27.08.2014 The DGAP 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:      FAST Casualwear AG
              c/o Kirchhoff Consult AG, Herrengraben 1
              20459  Hamburg
              Germany
Phone:        
Fax:          
E-mail:       contact@fastfashion.com.hk
Internet:     www.fast-casualwear.com
ISIN:         DE000A1PHFG5
WKN:          A1PHFG
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
 
End of Announcement                             DGAP News-Service
 
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