CENTROTEC Sustainable AG / Key word(s): Preliminary Results/Profit Warning 31.10.2014 12:10 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. --------------------------------------------------------------------------- Brilon, October 31, 2014: according to provisional calculations CENTROTEC Sustainable AG, Brilon, generated revenue of EUR 146.3 million and an operating result before interest and taxes (EBIT) of EUR 14.7 million in the third quarter of 2014, representing a slight drop compared with the figures for the same period of the previous year (revenue EUR 147.1 million, EBIT 15.2 million). Revenue for the first nine months of the year came to EUR 390.5 million (previous year EUR 383.0 million), and the operating result (EBIT) to EUR 20.3 million (previous year EUR 22.2 million). The main reason for the subdued business performance is the general weakening of Germany's economy, which is reflected in a noticeable slowdown in the sales market for heating systems since the start of the third quarter. International markets, too, are currently exhibiting no positive momentum whatsoever: the market conditions in France, the Netherlands, Italy and Spain remain cyclically weak. Austria and Eastern European markets are being adversely affected by the crisis in Russia and Ukraine. Nor is any clear change in trend expected until the end of the year. Against this backdrop and taking account of the record result posted in the fourth quarter of the previous year, CENTROTEC will be unable to improve on its prior-year EBIT. For the full year, CENTROTEC now anticipates that EBIT will lie between EUR 32 and 34 million (previously EUR 36 to 38 million). Revenue is expected to come in at the lower end of the guidance (EUR 525 to 550 million). CENTROTEC Sustainable AG CENTROTEC Sustainable AG enjoys a presence in around 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/ 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 31.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: CENTROTEC Sustainable AG: Q3 business performance down slightly on previous year - earnings forecast adjusted
| Source: EQS Group AG