Viscom AG: Adjustment of annual forecast for the 2020 financial year (2024)

VISCOM SE

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Viscom SE

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V6C

DE0007846867

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11:36:25 2024-07-26 am EDT
5-day change 1st Jan Change
3.690 EUR 0.00% Viscom AG: Adjustment of annual forecast for the 2020 financial year (2) -7.98% -53.88%
Jun. 06 Viscom Transitions to European Legal Form from German MT
May. 22 Viscom AG Reports Earnings Results for the First Quarter Ended March 31, 2024 CI

November 03, 2020 at 07:02 am EST

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DGAP-Ad-hoc: Viscom AG / Key word(s): Change in Forecast/Profit Warning
Viscom AG: Adjustment of annual forecast for the 2020 financial year

03-Nov-2020 / 13:02 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.

Viscom AG: Adjustment of annual forecast for the 2020 financial year

Hanover, 3rd November 2020 - The effects of the ongoing COVID-19 pandemic on the business activity of Viscom AG (ISIN DE0007846867), especially in the automotive sector, have resulted in the Executive Board adjusting the annual forecast last confirmed in Viscom AG's consolidated interim report. Viscom AG now expects consolidated revenue of between ? 59 million and ? 65 million for the 2020 financial year (previous forecast: ? 65 million to ? 80 million). The EBIT-Margin for the 2020 financial year is likely to be between -11.9 % and -7.7 % (previous forecast: between -7.7 % and +2.5 %), with EBIT of between ? -7.0 million and ? -5.0 million (previous forecast: between ? -5.0 million and ? +2.0 million). The economic disruption caused by the pandemic is severely affecting the ability to make predictions and is thus resulting in considerable forecast uncertainty.

Contact:
Viscom AG
Investor Relations
Anna Borkowski
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-861
Fax: +49-511-94996-555
investor.relations@viscom.de

03-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:English
Company:Viscom AG
Carl-Buderus-Strasse 9-15
30455 Hannover
Germany
Phone:+49 (0) 511 94 996 861
Fax:+49 (0) 511 94 996 555
E-mail:investor.relations@viscom.de
Internet:www.viscom.de
ISIN:DE0007846867
WKN:784686
Listed:Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1145065

End of AnnouncementDGAP News Service

114506503-Nov-2020CET/CEST

Viscom AG: Adjustment of annual forecast for the 2020 financial year (3)

Latest news about Viscom SE

Viscom Transitions to European Legal Form from German MT
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Viscom AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022 CI
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Viscom AG Provides Earnings Guidance for the Year 2022 CI
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Viscom AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021 CI
Viscom AG Revises Earnings Guidance for the Year 2021 CI
Viscom Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021 CI
Viscom AG Provides Earnings Guidance for the Year of 2021 CI
Viscom AG Reports Earnings Results for the First Quarter Ended March 31, 2021 CI
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Viscom AG Revises Earnings Guidance for the Year 2020 CI
Viscom Ag Reports Earnings Results for the Second Quarter Ended June 30, 2020 CI
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Chart Viscom SE

Viscom AG: Adjustment of annual forecast for the 2020 financial year (4)

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Company Profile

Viscom AG: Adjustment of annual forecast for the 2020 financial year (5)

Viscom SE, formerly Viscom AG, is a Germany-based company. The Company is engaged in the development, design and sales of its inspection systems, as well as software and service package. Its business segments include: Special optical and X-ray inspection systems, Optical and X-ray series inspection systems and service. The Special optical and X-ray inspection systems product area serve projects requiring customer-specific solutions or adaptations to series systems. The Optical and X-ray series inspection systems product area is responsible for the sale of series systems and technical support for customers with series systems. The Company's inspection systems are used in Automotive electronics, Industrial and consumer electronics, Aerospace engineering, Medical technology, Telecommunications and energy storage.

Employees

583

Sector

Calendar

2024-08-07 - Q2 2024 Earnings Release

More about the company

Income Statement and Estimates

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

C

More Ratings

Analysts' Consensus

Sell

Viscom AG: Adjustment of annual forecast for the 2020 financial year (6)

Buy

Mean consensus

BUY

Number of Analysts

2

Last Close Price

3.690EUR

Average target price

8.050EUR

Spread / Average Target

+118.16%

Consensus

Profit revisions

Estimate revisions

Annual profits - Rate of surprise

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Viscom AG:  Adjustment of annual forecast for the 2020 financial year (2024)

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