23.08.2013 Hansa Group AG  DE0007608606

DGAP-Adhoc: Hansa Group AG: Modification of the annual forecast for 2013 necessary


 
Hansa Group AG / Key word(s): Change in Forecast 23.08.2013 17:12 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Business development was weaker than forecast on the whole in the first half of 2013. High material prices and lower quantities sold led to an unexpectedly weak second quarter. The deviation from the forecast is mainly due to lower-than-expected sales in both Chemicals and Consumer Products. We have already taken countermeasures, some of which will have a noticeable effect in the second half of the year. However, in light of continuing lackluster demand and increased pressures in terms of pricing and competition, we - as cautious businesspeople - no longer wish to stand by our forecast of a year-on-year rise in sales and earnings in fiscal year 2013. Instead, we expect annual sales to fall in 2013 and anticipate a decline in earnings for fiscal year 2013. The Half-Year Report 2013 and additional information on our outlook will be published on August 29, 2013. Genthin, August 23, 2013 The Management Board 23.08.2013 DGAP's 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: Hansa Group AG Fritz-Henkel-Str. 8 39307 Genthin Germany Phone: +49 (0)203-73804-109 Fax: +49 (0)203-73804-309 E-mail: [email protected] Internet: www.hansagroup.de ISIN: DE0007608606 WKN: 760860 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------