=------------------------------------------------------------------------------- 
  Disclosed inside information pursuant to article 17 Market Abuse Regulation 
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. 
  The issuer is responsible for the content of this announcement. 
=------------------------------------------------------------------------------- 
 
Earnings Forecast 
05.02.2021 
 
Ried im Innkreis - 
Zwtl.: Preliminary results for the 2020 financial year further burdened by 
additional costs for personnel measures in Q4. Valuation adjustments on customer 
and supplier receivables cannot be ruled out in the current Corona pandemic 
environment and could further impact the result. Expected sales are slightly 
above recent guidance. 
 
 
On the basis of a preliminary result, the Management Board of FACC AG is 
informing of a deviation from the guidance last communicated in the earnings 
publication on November 18th, 2020 (sales forecast for the 2020 financial year 
between EUR 500 million and EUR 520 million and an EBIT in range from EUR -55 
million to EUR -65 million). 
 
For the 2020 financial year, management is now assuming consolidated sales of 
circa EUR 526 million. EBIT is now expected to be in the range of approximately 
EUR -67 million to EUR -75 million. 
 
The reasons for the deviation in EBIT are additional costs of personnel measures 
in Q4 2020, which were higher than originally planned against the background of 
the persistently difficult economic situation. In the context of the current 
Corona pandemic environment, greater caution in evaluating receivables against 
customers and suppliers is also advised. 
 
The values listed are preliminary, unaudited IFRS figures from FACC AG. The 
annual financial report and the annual report of FACC AG will be published on 
March 24th, 2021. 
 
 
 
 
Further inquiry note: 
Florian Heindl, CFA 
Group Treasurer 
Group Treasury & Investor Relations / Risk Management 
 
E-Mail  f.heindl@facc.com 
Mobile +43/59/616-71232 
Phone  +43/59/616-1232 
-- 
FACC AG 
Fischerstraße 9 
A-4910 Ried/Innkreis 
 
 
end of announcement                         euro adhoc 
=-------------------------------------------------------------------------------

(END) Dow Jones Newswires

February 05, 2021 09:15 ET (14:15 GMT)