17.01.2019 14:22:30

DGAP-Adhoc: Delignit AG: Delignit AG achieves revenues of more than EUR 60.0 million in fiscal year 2018

DGAP-Ad-hoc: Delignit AG / Key word(s): Change in Forecast
Delignit AG: Delignit AG achieves revenues of more than EUR 60.0 million in fiscal year 2018

17-Jan-2019 / 14:22 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.

Delignit AG achieves revenues of more than EUR 60.0 million in fiscal year 2018

Blomberg, 17th of January 2019. Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of ecological hardwood-based products and system solutions, has achieved revenues of slightly more than EUR 60 million in fiscal year 2018 according to current information. Exceeding the revenue guidance was due to increased call-off volumes for serial supply contracts in the automotive business.

Delignit AG had previously assumed that its original revenue guidance would only be slightly exceeded, with a revenues increase of eight percent for the fiscal year. The company now anticipates an increase in revenues of around 14 percent over the previous year. The predicted EBITDA margin is expected to remain at the previous year's level of 9.2 percent, even with this increased revenue.

The consolidation and audit of the annual financial statements have not yet been completed, so that the final status of consolidated revenues and earnings for the fiscal year 2018 is expected to be announced by the end of April.

Information and Explanation of the Issuer to this News:

About Delignit Group:

The Delignit Group develops, produces and sells ecological materials and system solutions from renewable raw materials under the brand name Delignit. As a recognized development, project and serial supplier of leading automotive groups, the Delignit Group is, among other things, world market leader for supplying the automotive industry with cargo bay protection and cargo securing systems for light commercial vehicles. With an industry-wide variety of applications and manufacturing range, the Delignit Group serves numerous other technology sectors, for example: as a worldwide system supplier of reputable rail stock manufacturers. Delignit solutions have exceptional technical properties and are further, among other things, used as trunk floors, building equipment and security solutions.

Delignit material is predominantly based on European hardwood, is CO₂ neutral in its life cycle and therefore ecologically superior to non-regenerative materials. The use of the Delignit material therefore improves the environmental performance of customer products and meets their increasing ecological requirements. The company was founded over 200 years ago. The Delignit AG is listed in the Scale Segment of the Frankfurt Stock Exchange.

For more information visit our website at www.delignit.com.

Contact
Delignit AG
Königswinkel 2-6
32825 Blomberg
Tel. +49 5235 966-156
Fax +49 5235 966-351
eMail: ir@delignit.com

17-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Delignit AG
Königswinkel 2-6
32825 Blomberg
Germany
Phone: +49 (0)5235 / 966-0
Fax: +49 (0)5235 / 966-105
E-mail: info@delignit.de
Internet: http://www.delignit.de
ISIN: DE000A0MZ4B0
WKN: A0MZ4B
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

767129  17-Jan-2019 CET/CEST

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