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Ekosem-Agrar AG
ISIN: DE000A1MLSJ1
WKN: -
Ekosem-Agrar AG · ISIN: DE000A1MLSJ1 · Newswire (adhoc)
Country: Deutschland · Primary market: Germany · EQS NID: 1292765
02 March 2022 16:01PM

Ekosem-Agrar AG suspends guidance for the 2022 financial year


DGAP-Ad-hoc: Ekosem-Agrar AG / Key word(s): Forecast
Ekosem-Agrar AG suspends guidance for the 2022 financial year

02-March-2022 / 16:01 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.


Ekosem-Agrar AG suspends guidance for the 2022 financial year

Walldorf, 2 March 2022 - The Executive Board of Ekosem-Agrar AG has decided to suspend the forecast for the 2022 financial year for the time being. The reason for the decision is the currently considerable imponderables regarding the operating business as well as the financing possibilities due to the increasing restrictions in connection with the Russia-Ukraine conflict, resulting both from sanctions against Russia and from Russian countermeasures.

For the year 2022, the Company had previously assumed an increase in net sales of more than 20% for each of the three main areas of raw milk production, crop production and milk processing. Earnings before interest, taxes, depreciation and amortization (EBITDA) and cash EBITDA were expected to increase disproportionately compared to the previous year. The Board of Management will publish an adjusted guidance as soon as largely reliable parameters for adjusting the forecast are available.

 

Contact

Ekosem-Agrar AG

Ekosem-Agrar AG // T: +49 (0) 6227 3585 919 // E: ir@ekosem-agrar.de

Press / Investor Relations

Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 //
E: presse@ekosem-agrar.de


02-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Ekosem-Agrar AG
Johann-Jakob-Astor-Str. 49
69190 Walldorf
Germany
Phone: +49 (0)6227 358 59 33
Fax: +49 (0)6227 358 59 18
E-mail: info@ekosem-agrar.de
Internet: www.ekosem-agrar.de
ISIN: DE000A1MLSJ1, DE000A1R0RZ5
WKN: A1MLSJ, A1R0RZ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1292765

 
End of Announcement DGAP News Service

1292765  02-March-2022 CET/CEST

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