26.02.2020,
2087 Zeichen
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
Annual Result
Ried i. Innkreis -
Sales at EUR 665 million\nProfit margin at 5.2 %\nEfficiency improvement program of EUR 50 million started\nMedium-term growth and earnings targets confirmed\nFACC AG was able to achieve its goal in terms of both sales and earnings in the
short financial year 2019 (March 1 - December 31). Sales reached EUR 665
million. Operating profitability was kept at the previous year's level at 5.2 %.
The EBIT amounts to EUR 34.6 million.
Net debt amounted to EUR 213.3 million on December 31, 2019. The increase in net
debt is largely due to the first-time application of IFRS Standard 16 "Leases".
FACC confirmed the medium-term growth and earnings targets communicated at the
beginning of the year. For the next five years, taking current market
information into account, an average sales growth of 5 % (CAGR) and a target
margin (EBIT) in the range of 8 - 10 % is exptected.
In the coming periods, FACC will - as already informed - concentrate on a
sustainable increase in profitability through an efficiency improvement program
of up to EUR 50 million. There are plans to streamline the supply chain through
increased vertical integration - such as the insourcing of the production of
strategic component groups - as well as a Group-wide optimization of business
processes.
The report on Q3 2019 was also published today (notice announcement).
The stated values are still unaudited preliminary IFRS figures from FACC AG.
FACC AG's annual financial report and the outlook for the 2020 financial year
will be published on March 25, 2020.
end of announcement euro adhoc
issuer: FACC AG
Fischerstraße 9
A-4910 Ried im Innkreis
phone: +43/59/616-0
FAX: +43/59/616-81000
mail: office@facc.com
WWW: www.facc.com
ISIN: AT00000FACC2
indexes:
stockmarkets: Wien
language: English
Digital press kit:
http://www.ots.at/pressemappe/7665/aom
BSN Podcasts
Christian Drastil: Wiener Börse Plausch
Wiener Börse Party #635: ATX stark, viele Kooperationen, Gold fällt deutlich und Peter Heinrich macht auf Didi Hallervorden
Bildnachweis
1.
Leya Hempel (BSN), Manuel Taverne (FACC)
, (© Martina Draper/photaq) >> Öffnen auf photaq.com
Aktien auf dem Radar:Immofinanz, Addiko Bank, Wienerberger, Flughafen Wien, S Immo, DO&CO, EVN, Erste Group, Semperit, Pierer Mobility, UBM, Cleen Energy, Frequentis, Gurktaler AG Stamm, Mayr-Melnhof, RBI, Warimpex, Zumtobel, SW Umwelttechnik, Oberbank AG Stamm, Agrana, Amag, CA Immo, Kapsch TrafficCom, OMV, Österreichische Post, Strabag, Telekom Austria, Uniqa, VIG.
Novomatic
Der Novomatic AG-Konzern ist als Produzent und Betreiber einer der größten Gaming-Technologiekonzerne der Welt und beschäftigt mehr als 21.000 Mitarbeiter. Der Konzern verfügt über Standorte in mehr als 45 Ländern und exportiert innovatives Glücksspielequipment, Systemlösungen, Lotteriesystemlösungen und Dienstleistungen in mehr als 90 Staaten.
>> Besuchen Sie 68 weitere Partner auf boerse-social.com/partner
Mehr aktuelle OTS-Meldungen HIER