Publication of Insider Information according to [Art. 17 MAR]

INDUS Holding AG withdraws the forecast for financial year 2020

Bergisch Gladbach, 7 May 2020 – Based on the preliminary consolidated figures for the first quarter of 2020, INDUS Holding AG expects for the first quarter of 2020 consolidated sales of EUR 401.2 million (Q1 2019: EUR 437.6 million), an operating profit (EBIT) of EUR 16.0 million (Q1 2019: EUR 33.6 million) and earnings after taxes of EUR 8.9 million (Q1 2019: EUR 19.9 million). Due to the macroeconomic impact of the COVID-19 pandemic, the effects on planning for the rest of the year 2020 cannot be reliably quantified anymore at the moment. From today’s perspective the Management Board assumes that the forecast for 2020 communicated on 30 March 2020 on page 116 of the Annual Report 2019 will not be achieved. INDUS Holding AG will publish an updated forecast as soon as this is reliably possible.

The composition of EBIT corresponds to the presentation on page 121 of the Annual Report 2019 of INDUS Holding AG.

Data protection is important to us

In order to have the best browsing experience, we recommend that you agree to the use of cookies. Some cookies are essential for the functioning of this website and therefore cannot be deselected. Other cookies help us to personalise content and analyse website traffic. Third-party cookies allow you to access various social media features and receive personalised advertisements.

For more information, click on “Details” or read our privacy policy. You can adjust the settings at any time by clicking on “Cookies” in the bottom left-hand corner.

Details

Necessary

Only with the necessary cookies, this website is functional. They enable basic functions such as page navigation. These cookies are played by the website operator and are only transmitted to this page.

Analysis & statistics

Statistics cookies help us as the website operator to understand how users interact with our content and which pages are visited. The information is collected and passed anonymously to our service provider.

Marketing

These cookies are used by service providers to create individualized advertising content for target groups.