03.12.2018 23:50:49

DGAP-Adhoc: PANTAFLIX AG adjusts forecast for the current financial year due to shift in revenues

DGAP-Ad-hoc: Pantaflix AG / Key word(s): Change in Forecast
PANTAFLIX AG adjusts forecast for the current financial year due to shift in revenues

03-Dec-2018 / 23:50 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.


PANTAFLIX AG adjusts forecast for the current financial year due to shift in revenues

München, 3 December 2018.
PANTAFLIX AG (GSIN: A12UPJ, ISIN: DE000A12UPJ7) adjusts its forecast for the current financial year (HGB) due to a temporarily shift of recognition in revenues of two film projects already produced but not completed until the first half of 2019. Despite this shift in the double-digit million euro range, the Management Board continues to expect a significant increase in consolidated revenues for the year 2018 as a whole with double-digit percentage growth. Contrary to the targeted improvement for the 2018 fiscal year, the earnings forecast now develops to a consolidated EBIT of between minus EUR 7 million and minus EUR 9 million, corresponding to a consolidated net loss for the year at approximately the same level with a significant increase in revenues for the current 2018 fiscal year.​

Investor Relations:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel.: +49 (0)89 89827227
E-Mail: sh@crossalliance.de


03-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: PANTAFLIX AG
Holzstraße 30
80469 Munich
Germany
Phone: +49 89 2323 85 50
Fax: +49 89 2323 85 519
E-mail: ir@pantaflix.com
Internet: www.pantaflixgroup.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange; London, BX

 
End of Announcement DGAP News Service

754033  03-Dec-2018 CET/CEST

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