M.A.X. Automation AG exceeds its financial goals for fiscal year 2015
M.A.X. Automation AG / Key word(s): Final Results 03.02.2016 08:30 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. --------------------------------------------------------------------------- Ad hoc notification pursuant to Sec. 15 WpHG (German Securities Trading Act) M.A.X. Automation AG, Breite Straße 29-31, 40213 Düsseldorf SIN: 658090/ISIN: DE 0006580905 [Frankfurt Stock Exchange - Regulated Market] M.A.X. Automation AG exceeds its financial goals for fiscal year 2015 Dusseldorf, February 3 - M.A.X. Automation AG, an internationally active expert in the area of high-tech engineering, has exceeded its financial goals for fiscal year 2015. According to preliminary figures, the Group achieved earnings before interest and taxes (EBIT) of at least EUR 24 million, which is significantly higher than the previous target range of EUR 20 million to EUR 22 million. Consolidated revenue is expected to be at least EUR 380 million and thus slightly above the target range of between EUR 360 million and EUR 380 million. The performance exceeded expectations due to a strong fourth quarter, in which numerous projects could finally be invoiced. Moreover, M.A.X. Automation benefited from an advantageous product and project mix from a yield standpoint last year. The final consolidated financial statements for 2015 and the guidance for fiscal year 2016 are to be published as announced on March 31, 2016. M.A.X. Automation AG The Management Board Contact: M.A.X. Automation AG, Breite Straße 29-31, 40213 Düsseldorf, Phone: +49 (0)211 90991-0 03.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: M.A.X. Automation AG Breite Straße 29-31 40213 Düsseldorf Germany Phone: +49 (0)211 90991-0 Fax: +49 (0)211 90991-11 E-mail: Investor.Relation@maxautomation.de Internet: www.maxautomation.de ISIN: DE0006580905 WKN: 658090 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------