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DGAP-Adhoc: IBU-tec advanced materials AG: IBU-tec anticipates continued revenue and earnings growth for 2019

DGAP-Ad-hoc: IBU-tec advanced materials AG / Key word(s): Forecast


IBU-tec advanced materials AG: IBU-tec anticipates continued revenue and earnings growth for 2019


07-March-2019 / 10:02 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.



Publication of Insider Information pursuant to Article 17 MAR

IBU-tec anticipates continued revenue and earnings growth for 2019

- Sales expected to increase to 50 - 53 million euros

- EBITDA projected to grow to 7.2 - 7.5 million euros

- Ongoing large order negotiations expected to generate significant additional income

Weimar, March 7, 2019 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) anticipates strong sales and profits growth for fiscal year 2019 on the basis of 2018's positive business performance, excellent market positioning and outstanding order situation.

Within the IBU-tec Group the Executive Board is currently planning for an increase in sales to 50 - 53 million euros for the current year. Earnings before interest, taxes, depreciation and amortization (EBITDA), before depreciation of the purchase price of BNT Chemicals GmbH in accordance with HGB accounting, are currently forecast to range from EUR 7.2 to 7.5 million.
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