EANS-Adhoc: Semperit AG Holding / Semperit Group updates its Outlook

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Earnings Forecast 20.09.2016

Due to the continuous difficult situation in the Medical Sector and the cyclical decreasing demand in the Industrial Sector, especially in the Sempertrans segment, Semperit updates its outlook: The operational results of 2016 will be well below the results in 2015. This results in a decline of about 10% for the EBITDA and of about 20% for the EBIT.

The Semperit Group will continue its growth strategy consistently despite more difficult economic conditions. The focus will be on the entering into new markets in the Industrial Sector and the expansion and optimisation of existing production capacities. In the Medical Sector (Sempermed segment) the focus will be on the implementation of further production capacities in Malaysia. The profitability shall be improved by continuing process optimisations and efficiency enhancements as well as realising a cost reduction programme.

end of announcement euro adhoc =-------------------------------------------------------------------------------

(END) Dow Jones Newswires

   September 20, 2016 12:32 ET (16:32 GMT)- - 12 32 PM EDT 09-20-16