Aurubis AG

  • WKN: 676650
  • ISIN: DE0006766504
  • Land: Deutschland

Nachricht vom 26.11.2018 | 15:09

Aurubis AG expects its operating result for fiscal year 2018/19 to be moderately below previous year

Aurubis AG / Key word(s): Forecast
Aurubis AG expects its operating result for fiscal year 2018/19 to be moderately below previous year

26-Nov-2018 / 15:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Aurubis AG expects its operating result for fiscal year 2018/19 to be moderately below previous year
Hamburg, November 26, 2018 - According to current estimates, Aurubis AG expects its operating EBT for fiscal year 2018/19 to be moderately below the previous year. This means a decrease of between 5.1 and 15 %. The forecast therefore does not correspond to the current market expectations of EUR 330 million for fiscal year 2018/19.

The main reasons for this deviation are various unscheduled shutdowns at the Hamburg, Lünen, and Pirdop sites in Q1 of fiscal year 2018/19, which is currently underway.

Aurubis AG's first quarter, which is generally weaker due to seasonal factors, will be additionally strained as a result.

On November 1, 2018, Aurubis AG released a preliminary operating EBT of EUR 328 million for fiscal year 2017/18 (previous year: EUR 298 million).






Contact:
Dr. Björn Carsten Frenzel
Leader Legal Affairs
E-Mail: c.frenzel@aurubis.com
Tel: +49 40 78 83 30 44

26-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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