Allane SE Adjusts 2024 Forecast Amid Positive Sales and EBT Challenges

Allane SE has adjusted its 2024 forecast due to strong performance in operating sales and anticipated reductions in earnings before tax (EBT) resulting from impairment losses. The company's Management Board now projects operating sales to range from EUR 425 million to EUR 475 million, up from EUR 350 million to EUR 400 million. However, Group EBT expectations have been revised to between EUR -35 million and EUR -45 million, compared to an earlier forecast of EUR -25 million to EUR -35 million.

This forecast adjustment is primarily driven by robust preliminary sales figures for the first nine months of 2024, which saw consolidated operating sales reach EUR 332.6 million. Despite this positive sales momentum, Allane SE's EBT stands at EUR -31.8 million due to significant impairment losses on leased assets.

The complete Q3 2024 financial statement will be available on November 8, 2024.