Gigaset : adjusts free cash flow and revenue expectations for 2018

DGAP-Ad-hoc: Gigaset AG / Key word(s): Change in Forecast Gigaset AG adjusts free cash flow and revenue expectations for 2018 26-Nov-2018 / 19:49 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. Ad hoc Message WKN: 515600 / WKN A14KQ7 Munich, November 26, 2018 Gigaset AG adjusts free cash flow and revenue expectations for 2018 Munich, November 26, 2018 [19:18 pm] - Based on current information on the further course of business, the Executive Board of Gigaset AG today came to the conclusion that the previously expected revenue increase of a high single-digit million amount is unlikely to be achieved. The company now expects consolidated revenue for 2018 - compared to the previous year (EUR 293.3 million) - between -5.6% (EUR 277 million) and +2.3% (EUR 300 million). Actual sales are significantly dependent on the typically very volatile year-end turnover. The negative free cash flow is no longer expected to be in the mid-single-digit million range but is expected to be between EUR -35 to -7 million before the inflow of funds. The outlook for expected EBITDA of between EUR 20 and 28 million remains unchanged. 26-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Gigaset AG
	Bernhard-Wicki-Straße 5
	80636 München
	Germany
Phone:	[phone] - 866
Fax:	[phone] - 930
E-mail:	[e-mail]
Internet:	www.gigaset.com
ISIN:	DE0005156004
WKN:	515600
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

751283  26-Nov-2018 CET/CEST