PRESS RELEASE
from Rath AG (isin : AT0000767306)
EQS-Adhoc: Rath AG: Profit warning on 12 September 2024
EQS-Ad-hoc: Rath AG / Key word(s): Profit Warning
Rath AG: Profit warning on 12 September 2024
12-Sep-2024 / 14:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
‘Based on a current forecast for 2024, the Executive Board of Rath AG announces a significant decline in EBIT in 2024 compared to the previous year. The significant decrease in EBIT is due to a decline in revenue as a result of lower market demand and cost increases, particularly in wages and salaries.’
End of Inside Information
12-Sep-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com
Language: | English |
Company: | Rath AG |
Walfischgasse 14 | |
1010 Wien | |
Austria | |
Phone: | +43 1 513 4427-0 |
Fax: | +43 1 513 4428-87 |
Internet: | www.rath-group.com |
ISIN: | AT0000767306 |
WKN: | 878275 |
Listed: | Vienna Stock Exchange (Official Market) |
EQS News ID: | 1987023 |
End of Announcement | EQS News Service |
1987023 12-Sep-2024 CET/CEST