Airopack Technology Group AG provided revenue guidance for the first half of 2018. The previously issued consolidated financial statements for the first half of 2018 have to be restated. Based on the findings of the PwC Report, the Board of Directors currently estimates that the revenue for the first half of 2018 need to be downward adjusted in the range of approx. EUR 4 million to EUR 5 million.

The company also announced, based on the PwC Report and the resulting adjustments to Airopack's financial statements (in particular, lower than expected sales), the full year 2018 results are expected to significantly fall short of what Airopack has expected in the context of its previously announced recapitalisation plan.