Schuler AG

  • WKN: 721063
  • ISIN: DE000A0V9A22
  • Land: Deutschland

Nachricht vom 02.05.2012 | 12:12

SCHULER AG: Preliminary half-year figures 2011/12 - Full-year guidance 2011/12 upgraded


SCHULER AG  / Key word(s): Change in Forecast

02.05.2012 12:12

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Schuler AG: Ad hoc announcement on the half-year figures 2011/12
  - Half-year consolidated sales of EUR 580 million
  - New orders after 6 months of EUR 768 million 
  - Full-year guidance 2011/12 upgraded 

Göppingen, May 2, 2012 - In the first half of its fiscal year 2011/12,
Schuler AG grew faster than expected. According to preliminary figures,
Schuler raised sales by 44% to around EUR 580 million in the first six
months of fiscal 2011/12. In the same period last year, sales reached EUR
403.7 million.
The company's order position continued to make encouraging progress in the
2nd quarter of fiscal 2011/12. According to preliminary figures,
consolidated new orders in the 1st half of the current fiscal year amounted
to EUR 768 million (prior year: EUR 817.6 million). New orders thus almost
reached the prior-year figure, which benefited from a boom in investment
following the end of the economic crisis. The company will present its
final figures for the first six months of fiscal year 2011/12 on May 25,
2012.

Based on current figures and market trends, Schuler AG is confident that
the favorable course of business will continue in the remaining months of
the current fiscal year.
Against this backdrop, Schuler AG has raised its guidance for the full
fiscal year 2011/12. Consolidated sales are now expected to grow to around
EUR 1.2 billion in fiscal year 2011/12. In its operating business, measured
by earnings before interest, taxes, depreciation and amortization (EBITDA),
the Group expects to post an EBITDA margin of around 9.5% in its current
fiscal year.
Schuler had previously forecast an increase in sales to at least EUR 1.1
billion and an EBITDA margin of 9%.

Contact:
Schuler AG, Thomas Herrlinger, Head of Investor Relations, POB 12 22, 73012
Göppingen, Tel.: + 49 (0)7161/66-204, Fax: 66-850, e-Mail:
ir@schulergroup.com


02.05.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      SCHULER AG
              Bahnhofstraße 41
              73033 Göppingen
              Germany
Phone:        +49 (0)7161 66-204
Fax:          +49 (0)716 166-850
E-mail:       ir@schulergroup.com
Internet:     www.schulergroup.com
ISIN:         DE000A0V9A22
WKN:          A0V9A2
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
              Freiverkehr in Berlin, Düsseldorf, München
 
End of Announcement                             DGAP News-Service
 
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