FACC adjusts outlook due to Airbus A380 production stop

14.02.2019, 1306 Zeichen

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Earnings Forecast 14.02.2019
Ried i. Innkreis - Airbus today announced that they will discontinue production and delivery of the A380 in 2021. The reasons for this are the lack of new orders for quite some time and ultimately the partial cancellation of A380 orders from the largest A380 operator. Following Airbus' announcement today to discontinue the delivery of A380 aircraft in 2021, the Management Board is adjusting its EBIT expectations for the financial year 2018/19. Due to a negative one-off effect resulting from the impairment of non-amortized cost for engineering services of approximately EUR 12 million, the earnings forecast for financial year 2018/19 now stands at almost EUR 40 million.
end of announcement euro adhoc
issuer: FACC AG Fischerstraße 9 A-4910 Ried im Innkreis phone: +43/59/616-0 FAX: +43/59/616-81000 mail: office@facc.com WWW: www.facc.com ISIN: AT00000FACC2 indexes: stockmarkets: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/7665/aom

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FACC

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1. FACC auf LinkedIn: Für die Transportwege von FACC zu Airbus (Hamburg) ist seit Oktober ein Ökoliner im Einsatz. Pro Jahr lässt sich so der CO²-Ausstoß um 145.000 kg reduzieren und der Treibstoffverbrauch um 20% senken. Quelle: LinkedIn   >> Öffnen auf photaq.com

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