DGAP-Adhoc: Ahlers AG: Sales revenues in Q1 2014/15 declined by 7 percent due to delayed and reduced deliveries to Russia and early deliveries in the previous year. The drop in sales revenues led to a 29 percent reduction in consolidated net income.


Ahlers AG  / Key word(s): Quarter Results

23.03.2015 18:33

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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Ad-hoc announcement pursuant to § 15 WpHG

Ahlers AG, Herford

ISIN DE0005009708 and ISIN DE0005009732

Sales revenues in Q1 2014/15 declined by 7 percent due to delayed and
reduced deliveries to Russia and early deliveries in the previous year. The
drop in sales revenues led to a 29 percent reduction in consolidated net
income. The forecast for the fiscal year 2014/15 remains unchanged.
Revenues and consolidated net income are expected to be stable to slightly
lower.

Sales revenues declined by 7 percent to EUR 67.7 million in the first
quarter of 2014/15 (previous year: EUR 73.0 million). This drop in sales is
attributable to delayed and reduced deliveries to Russia and Ukraine.
Moreover, early deliveries and off-period revenues had led to exceptionally
higher revenues in the previous year. Compared to sales revenues of EUR
66.8 million in Q1 2012/13, revenues in 2014/15 were about EUR 1 million
higher. With operating expenses almost stable, earnings after taxes
declined by 29 percent due to the lower sales revenues.

The Management Board's forecasts for the fiscal year 2014/15, which were
recently presented at the annual accounts press conference, remain
unchanged. Ahlers projects stable to slightly lower sales revenues and
earnings before and after taxes.

All figures are provisional. The final figures for the first quarter of
2014/15 will be published on April 14, 2015.

Herford, March 23, 2015

The Management Board

Ahlers AG
Elverdisser Str. 313
32052 Herford


23.03.2015 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:      Ahlers AG
              Elverdisser Straße 313
              32052 Herford
              Germany
Phone:        +49 (0)5221 979-0
Fax:          +49 (0)5221 70058
E-mail:       ahlers-ag@ahlers-ag.com
Internet:     www.ahlers-ag.com
ISIN:         DE0005009708, DE0005009732
WKN:          500970, 500973
Listed:       Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
              Regulated Unofficial Market in Berlin, Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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