FinTech Group AG: FinTech Group AG announces its first guidance for 2017 and confirms guidance for 2016


FinTech Group AG  / Key word(s): Forecast

08.12.2016 18:09

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc announcement: Frankfurt am Main, December 8, 2016
Disclosure of an inside information according to Article 17 MAR
FinTech Group AG announces its first guidance for 2017 and confirms guidance for 2016

- Guidance 2017: Net profits of about EUR 15.1 million with revenues of     more than EUR 100 million

- Guidance 2017: Earnings per share (undiluted) EUR 0.90
- Guidance 2016 confirmed: EBITDA between EUR 30-35 million due to strong     second half year

Frankfurt am Main, December 8, 2016 - For 2017, the Board of Management of FinTech Group AG after today's consultation with the Supervisory Board is forecasting a net profit of about EUR 15.1 million based on anticipated revenues of more than EUR 100 million. This corresponds to an expected earnings per share of (undiluted) EUR 0.90.

For the current financial year, the Board of Management expects an EBITDA of between EUR 30-35 million with revenues of slightly less than EUR 100 million.

FinTech Group AG publishes its first guidance with the financial figures net profit and earnings per share after its successful completion of the turnaround in the last two years.

Contact:
Roman Kessler
Head of Communications
FinTech Group AG
Rotfeder-Ring 5
D-60327 Frankfurt/Main
+49 (0) 69 450001 041
Roman.kessler@fintechgroup.com


08.12.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      FinTech Group AG
              Rotfeder-Ring 5
              60327 Frankfurt am Main
              Germany
Phone:        +49 (0) 69 450001 041
Fax:          
E-mail:       ir@fintechgroup.com
Internet:     www.fintechgroup.com
ISIN:         DE000FTG1111, DE0005249601
WKN:          FTG111
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry               Standard) in Frankfurt
 
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