Brief: FACC AG Adjusts 2021 EBIT Guidance

FACC AG

09/11/2021 07:03

Nov 9 (Reuters) - FACC AG  FACC.VI :
    * FACC ADJUSTS EBIT GUIDANCE DUE TO EXTRAORDINARY LEGAL
    * NOW EXPECTED EBIT IS IN RANGE OF EUR -25 TO -30 MILLION
    * DISPUTES WITH A SUPPLIER DATING BACK TO 2011,DECISIONS
HAVE NOW
BEEN MADE AGAINST FACC THAT, CONTRARY TO EXPERT OPINIONOF FACC'S
LAWYERS, COULD NOT HAVE BEEN EXPECTED IN THIS FORM
    * CURRENT EBIT GUIDANCE FOR FISCAL YEAR 2021 CANNOT BE MET
AND IS
REVISED TO AN EBIT RANGE OF EUR -25 TO -30 MILLION
    * FACC ADJUSTS EBIT GUIDANCE DUE TO EXTRAORDINARY LEGAL
CHARGES.

Source text for Eikon:  ID:nAPA9NGD5W 
Further company coverage:  FACC.VI 

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