SIXT LEASING AG (FRA:DE000A0D) Allane SE: Forecast for group contract portfolio for 2022 probably not achievable

Directive transparence : information réglementée

28/07/2022 19:22

DGAP-Ad-hoc: Allane SE / Key word(s): Change in Forecast
Allane SE: Forecast for group contract portfolio for 2022 probably not achievable

28-Jul-2022 / 19:22 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.

Allane SE: Forecast for group contract portfolio for 2022 probably not achievable

Pullach, 28 July 2022 - The Management Board of Allane SE today came to the conclusion that the expectation for the financial year 2022 communicated on 29 April 2022 of a group contract portfolio between 130,000 and 150,000 contracts (2021: 128,845 contracts) is probably not achievable.

For the current financial year, the Management Board expects the group's contract portfolio to be in a range between 110,000 and 130,000 contracts. However, the Management Board continues to expect for 2022 an EBT to be in the higher single-digit million euro and the group’s operating sales to be in a range between 350 and 400 million euros.

The main reasons for the deviation from the forecast are the weaker than expected current business performance, due in particular to the fact that the recovery of the overall economic situation fell short of expectations considering the still ongoing COVID 19 situation, the supply restrictions for new cars due to the semiconductor shortage, and the potential impact of the Ukraine war on the automotive market. In this respect, the Management Board assumes that it will not be possible to make up for the negative development in the remaining financial year 2022.

Peter Thoma
Investor Relations
Email: ir@allane.com
Tel: +49 89 708081351

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Language: English
Company: Allane SE
Dr.-Carl-v.-Linde-Str. 2
82049 Pullach
Phone: +49 (0)89 7080 - 610
E-mail: ir@allane.com
Internet: http://ir.allane-mobility-group.com
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1408607

End of Announcement DGAP News Service

1408607  28-Jul-2022 CET/CEST