on Viscom AG (isin : DE0007846867)
Viscom SE Adjusts Annual Forecast for 2024 Financial Year
Hanover, 6 August 2024 – Viscom SE’s management has revised its annual forecast for the 2024 financial year. The company continues to anticipate incoming orders and target revenue between € 80 to 95 million, consistent with its previous forecast from 23 May 2024.
The EBIT margin has been updated due to project delays and resulting underutilisation across all divisions. Cost-cutting measures introduced will not immediately impact monthly results. The anticipated EBIT margin before non-recurring effects is now between -3% and -9%, corresponding to an EBIT of € -2.9 million to € -7.2 million.
Ongoing discussions with the Works Council prevent a precise estimate of non-recurring effects, which are expected to further impact earnings.
R. H.
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