EQS Group-Ad-hoc: Phoenix Mecano AG / Key word(s): Profit Warning 
Phoenix Mecano expects double-digit sales growth and a significant increase in profit in financial year 2021 - 
DewertOkin Technology Group IPO set for 2023 at the earliest 
30-Jul-2021 / 07:00 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 LR 
The issuer is solely responsible for the content of this announcement. 
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Ad hoc announcement pursuant to article 53 LR 
Kloten/Stein am Rhein, 30 July 2021. The Phoenix Mecano Group recorded sustained high demand in its key end markets and 
market regions in the first half of 2021. The positive trend in incoming orders and sales continued in all divisions in 
the second quarter. The Group achieved double-digit sales growth and a significant year-on-year increase in operating 
result in the first half of 2021. 
A very high EBITDA in H1 will allow the Phoenix Mecano Group to continue resolutely pursuing its successful growth 
strategy. This has implications for the time frame for raising additional funds to finance the expansion strategy of 
the DewertOkin Technology (DOT) Group division. 
It is becoming apparent that the best time to raise growth capital through the planned partial IPO of the DOT Group in 
China will be 2023 at the earliest. The Phoenix Mecano Board of Directors has therefore decided not to submit an 
application for listing before 2023. 
The outlook for the year as a whole remains characterised by uncertainties and risks linked to the COVID-19 pandemic. 
Nevertheless, Phoenix Mecano anticipates sales growth well into double digits and a sizeable increase in profitability 
for the 2021 financial year. Operating profit is set to exceed EUR 43 million, significantly above the equivalent 
figures for the crisis-hit year 2020 and the pre-crisis year 2019. 
Phoenix Mecano will publish detailed figures for the first half of 2021 on 10 August 2021. 
For more information, please contact: 
Phoenix Mecano Management AG 
Dr Rochus Kobler, CEO 
Lindenstrasse 23, CH-8302 Kloten 
Tel. +41 (0)43 255 4 255 
info@phoenix-mecano.com 
www.phoenix-mecano.com 
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End of ad hoc announcement 
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Language:     English 
Company:      Phoenix Mecano AG 
              Hofwisenstrasse 6 
              8260 Stein am Rhein 
              Switzerland 
Phone:        +41 (0)43 255 4 255 
ISIN:         CH0002187810 
Listed:       SIX Swiss Exchange 
EQS News ID:  1222893 
 
End of Announcement EQS Group News Service 
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1222893 30-Jul-2021 CET/CEST


 
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(END) Dow Jones Newswires

July 30, 2021 01:01 ET (05:01 GMT)