Technotrans : Weaker start for technotrans SE in Q1 2019
April 17, 2019 at 09:35 am EDT
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DGAP-Ad-hoc: technotrans SE / Key word(s): Quarterly / Interim Statement
Weaker start for technotrans SE in Q1 2019
17-Apr-2019 / 15:32 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.
Disclosure of inside information in accordance with Article 17 of MAR
Ad hoc information from technotrans SE (ISIN: DE000A0XYGA7)
Sassenberg, April 17, 2019, 01:45 pm - Provisional figures indicate that technotrans SE achieved consolidated revenue of EUR 53.1 million as well as a consolidated operating profit (EBIT) of EUR 3.3 million in the first quarter of 2019, and consequently fell short of expectations especially with regard to EBIT.
This development is mainly attributable to investment restraint in the auto-related plastics processing industry, and thus affects above all the location in Meinerzhagen. Its impact on the plans for the financial year are currently being examined.
Contact: technotrans SE, Investor Relations, Frank Dernesch, tel. +49 (0)25 83301-1868, email: frank.dernesch@technotrans.de
End of ad hoc information
17-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
technotrans SE
Robert-Linnemann-Str. 17
48336 Sassenberg
Germany
Phone:
+49 (0)2583 - 301 - 1000
Fax:
+49 (0)2583 - 301 - 1030
E-mail:
info@technotrans.de
Internet:
http://www.technotrans.de
ISIN:
DE000A0XYGA7
WKN:
A0XYGA
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
technotrans SE is a Germany-based provider of liquid cooling technologies and solutions. The Company operates through two segments: Technology and Services. The Technology segment develops and markets system solutions and machinery in the area of cooling and temperature control, which comprise the Temperature Control business unit; filtering and separating, which comprise the Fluid Conditioning business unit, and spraying and pumping of liquids, which comprise the Ink & Fluid Technology business unit. The Services segment provides related services, such as worldwide installation, repair and maintenance, supply of spare parts and consulting, as well as software and documentation. It serves clients from various industries, such as industrial printing, laser technology, stamping and forming, medical technology and electro-mobility.
TECHNOTRANS SE 
