A.S. Création Tapeten AG
A.S. Création increases earnings forecast for FY 2012
A.S. Création Tapeten AG / Key word(s): Change in Forecast/Quarter Results 31.10.2012 16:42 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Between January 1, 2012 and September 30, 2012, A.S. Création Tapeten AG, Europe's leading wallpaper manufacturer, generated Group sales revenues of EUR 151.9 million (previous year: EUR 146.6 million) and a net profit of EUR 6.8 million (previous year: EUR 4.6 million). The Managing Board of A.S. Création Tapeten AG today approved the interim report for the nine-month period ended September 30, 2012. At this stage, the Managing Board expects Group revenues for the full year 2012 to be in line with the company's projections, i.e. between EUR 195 million and EUR 205 million. With regard to the earnings situation, the Managing Board assumes that the net profit for the full year 2012 will exceed the company's guidance range of EUR 6.0 million to EUR 7.0 million. The more optimistic expectations are mainly attributable to the improved gross profit margin, which is up by three percentage points on the previous year's 46.0% to 49.0%. On the one hand, the increase in this important key figure reflects the higher average sales prices. On the other hand, the situation in the commodity and energy markets has eased, with prices showing only a moderate upward trend at present. From today's point of view, the Managing Board expects net profit for the full year 2012 to amount to between EUR 7.0 million and EUR 8.0 million. The full report on the period ended September 30, 2012 will be published on November 6, 2012. Gummersbach, October 31, 2012 A.S. Création Tapeten AG The Managing Board Contact: Maik Krämer Chief Financial Officer Südstr. 47 D-51645 Gummersbach Telefon + 49 - (0)22 61/542-387 Fax + 49 - (0)22 61/542-304 E-Mail: m.kraemer@as-creation.de 31.10.2012 DGAP's 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: A.S. Création Tapeten AG Südstraße 47 51645 Gummersbach Germany Phone: +49 22 61 54 2-0 Fax: +49 22 61 54 2-3 04 E-mail: investor@as-creation.de Internet: http://www.as-creation.de ISIN: DE0005079909 WKN: 507990 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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