REALTECH AG
REALTECH AG: REALTECH lowers profit forecast for 2015 following weak third quarter
REALTECH AG / Key word(s): Quarter Results/Profit Warning 02.10.2015 08:22 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. --------------------------------------------------------------------------- Walldorf, October 2, 2015. REALTECH AG, Walldorf (ISIN DE 0007008906 / WKN 700 890) is not expected to achieve the profit forecast announced for the 2015 fiscal year. Based on the forecast currently available, the Executive Board today decided to adjust its revenue and earnings forecast for the 2015 fiscal year. According to provisional calculations, in the third quarter of 2015, REALTECH generated Group revenue of EUR 7.7 million (Q3/2014: EUR 8.5 million) and an EBIT of minus EUR 1.0 million (Q3/2014: EUR 0.0 million). For the first nine months of 2015, this means Group revenue of EUR 25.4 million (first nine months of 2014: EUR 25.3 million) and an EBIT of minus EUR 1.3 million (first nine months of 2014: minus EUR 1.3 million). In particular, a drop in sales in the high-margin business segment Software in the second half of the year and a comparably high fluctuation in Consulting (Germany) mean that instead of the previously forecast operating profit (EBIT) for the 2015 fiscal year of between EUR 0.0 million and EUR 1.0 million, REALTECH now expects a figure between EUR 2.0 million and minus EUR 3.0 million. The interim report as at September 30, 2015 is expected to be published on October 28, 2015. Contact: Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49.6227.837.500 Fax: +49.6227.837.546 E-mail: investors@realtech.com www.realtech.com 02.10.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: REALTECH AG Industriestraße 39c 69190 Walldorf Germany Phone: +49 (0)6227 837-500 Fax: +49 (0)6227 837 9134 E-mail: investors@realtech.com Internet: www.realtech.com ISIN: DE0007008906 WKN: 700890 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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