News overview
The supervisory board of FACC AG Holding today decided to extend the mandate of CEO Robert Machtlinger until June 30, 2025.
  • Sales at EUR 665 million
  • Profit margin at 5.2 %
  • Efficiency improvement program of EUR 50 million started
  • Medium-term growth and earnings targets confirmed

For the 2019 financial year (short financial year), management currently assumes sales of EUR 668 million (previously EUR 600 million) and a profit margin (EBIT) in a range from 5.2 % to 5.7 % (previously approximately 6%).

The chairman of the supervisory board of FACC AG, Mr. Geng Ruguang, has informed the company's management board that he will resign from his position with effect of December 31, 2019, and will therefore resign from the supervisory board before the end of his term at the 2021 annual general meeting.

  • Revenues slightly higher at EUR 193.7 million (plus 2.2%)
  • EBIT at EUR 7.4 million
  • Order situation and incoming orders remain robust
  • Geopolitical environment affects FACC
  • Outlook confirmed
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Contact

Manuel Taverne
Director Investor Relations
E-Mail: investor.relations@facc.com