DGAP-Adhoc: Balda AG: EBIT negative after nine months despite positive sales development


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

16.04.2015 17:56

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Bad Oeynhausen, April 16, 2015 – Following the preliminary analyses of the

figures, Balda AG is expecting slightly negative EBIT after the first nine

months of the 2014 / 2015 fiscal year. This is due to one-time special

effects substantially resulting from the already communicated disputes with

the former owners and managers of Balda’s US companies. Based on today’s

figures and the prognoses for the rest of the financial year, Balda AG will

presumably not fulfil its forecast of positive EBIT in the year-end

results. However, the sales development remains positive: In the first

three quarters of 2014 / 2015, Balda generated approx. 61.9 million Euros;

the company is now expecting slightly higher corporate sales revenues of

approx. 80 to 82 million Euros for the fiscal year instead of the 73 to 78

million Euros forecasted so far.

Balda AG will publish the final figures and the third quarterly report on

May 12, 2015; the report will be available on Balda’s website under



Michael Pfister

Deekeling Arndt Advisors

Phone: +49 (0) 5734 922 2555

Mobile: +49 (0) 160 90560506

Mail: michael.pfister@deekeling-arndt.de

About Balda

Balda (ISIN: DE0005215107) is a provider of first-class solutions in

plastics for demanding, high-quality applications in the fields of

healthcare, lifestyle, automotive and consumer electronics industries.

Balda has operating divisions in Europe and America and maintains

state-of-the-art production facilities at its headquarter in Bad

Oeynhausen, Germany as well as in the USA. The success of Balda, which

employs around 780 people, is based on the deployment of leading-edge,

cost-effective technologies, coupled with the trust-based and close

collaboration with customers.


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Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: ir@balda-group.com

Internet: www.balda-group.com

ISIN: DE0005215107

WKN: 521510

Listed: Regulated Market in Frankfurt (Prime Standard); Regulated

Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,

Munich, Stuttgart

End of Announcement DGAP News-Service