31.01.2017
CENTROTEC Sustainable AG DE0005407506
DGAP-News: CENTROTEC Sustainable AG: CENTROTEC meets revenue and profit forecast and expects further growth for 2017
DGAP-News: CENTROTEC Sustainable AG / Key word(s): Preliminary
Results/Forecast
CENTROTEC Sustainable AG: CENTROTEC meets revenue and profit forecast and
expects further growth for 2017
31.01.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
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Brilon, January 31, 2017: CENTROTEC Sustainable AG, Brilon, earned revenue
of EUR 575 million in the 2016 financial year (unaudited, previous year EUR
549.8 million). The forecast of EUR 550 to 570 million was therefore
slightly exceeded. In addition, based on provisional unaudited calculations
of the operating result (EBIT), the upper end of the forecast range of EUR
32 to 35 million has been achieved.
For the 2017 financial year, CENTROTEC expects the organic growth of the
past three years to continue and anticipates revenue of EUR 575 to 600
million. This year, we will invest disproportionately in the areas of
development, service and international sales in order to establish a basis
for sustained improvements in revenue and earnings. However, this increase
in personnel will only have a delayed impact on the relevant earnings
figures; we therefore do not expect to see any improvement in earnings this
year and again consider an operating result (EBIT) in the range of EUR 33
to 35 million to be realistic.
The audited 2016 financial statements and the Annual Report for the 2016
financial year will be published on March 30, 2017.
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 piping 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: 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
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31.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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: [email protected]
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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540153 31.01.2017
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