24.11.2015 Vtion Wireless Technology AG  DE000CHEN993

DGAP-Adhoc: Vtion Wireless Technology AG adjusts its guidance for the full-year results 2015


 
Vtion Wireless Technology AG / Key word(s): Change in Forecast 24.11.2015 08:50 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. --------------------------------------------------------------------------- Frankfurt, November 24, 2015. Vtion Wireless Technology AG (Vtion) adjusts its guidance for the full year 2015. The Management Board now expects revenues to be somewhere around EUR 20 million with an EBIT margin of approximately 1.2 per cent. According to preliminary calculations of the nine-months results 2015, the company generated revenues of EUR 18.6 million, an EBIT of EUR 0.18 million and an EBIT margin of 1 per cent. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: For further information, please contact: Kirchhoff Consult AG Andreas Friedemann, phone: +49 40 60 91 86 50, [email protected] or visit the company website at: www.vtion.de Disclaimer concerning prognoses Certain statements in this communication contain formulations or terms referring to the future or future developments, as well as negations of such formulations or terms, or similar terminology. These are described as forward-looking statements. In addition, all information in this communication regarding planned or future results of business segments, financial classification numbers, developments of the financial situation, or other financial or statistical data contains such forward-looking statements. The company cautions prospective investors not to rely on such forward-looking statements as certain prognoses of actual future events and developments. The company is neither responsible nor liable for these forward-looking statements. It is not responsible for updating such information, which only represents the state of affairs on the day of publication. 24.11.2015 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: Vtion Wireless Technology AG Westhafenplatz 1 (Westfalen Tower) 60327 Frankfurt Germany Phone: +49 69 710 456 245 Fax: +49 69 710 456 248 E-mail: [email protected],[email protected] Internet: www.vtion.de ISIN: DE000CHEN993 WKN: CHEN99 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------