DGAP-Ad-hoc: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key word(s): Disposal/Change in Forecast
AD-HOC NOTIFICATION pursuant to section 17 MAR (Market Abuse Regulation)
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG
The sale of WORMLAND changes LUDWIG BECK's forecast for the 2019 fiscal year. The closing date of the purchase agreement is planned for April 30, 2019, 24:00 hours. For 2019, LUDWIG BECK now expects revenue at Group level between EUR 114m and EUR 119m (previously: between EUR 165m and EUR 170m) and EBT (earnings before taxes) between EUR -12 m and EUR -13m (previously: between EUR 1.5m and EUR 2.5m). On the level of the single-entity financial statements, LUDWIG BECK now expects a net loss for the year 2019 amounting to EUR -10m to EUR -11m. As the 2019 profit available for distribution of LUDWIG BECK AG is therefore now expected to be EUR 0, a dividend for the 2019 fiscal year can no longer be expected.
Ludwig Beck am Rathauseck-Textilhaus Feldmeier Aktiengesellschaft, Marienplatz 11, 80331 Munich
15-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG|
|Phone:||+49 (0)89 2 36 91-0|
|Fax:||+49 (0)89 2 36 91-600|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||800207|
|End of Announcement||DGAP News Service|
800207 15-Apr-2019 CET/CEST