A.S. Création Tapeten AG / Key word(s): Profit Warning 27.10.2011 16:44 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- In the nine-month period from January 1, 2011 to September 30, 2011, A.S. Création Tapeten AG, Europe's leading wallpaper manufacturer, generated consolidated sales of EUR 146.6 million (2010: EUR 138.5 million) and a net profit of EUR 4.6 million (2010: EUR 6.7 million). The Managing Board of A.S. Création Tapeten AG today approved the interim report on the period ended September 30, 2011. At the present stage, the Managing Board assumes that consolidated sales in the full year 2011 will be in line with plans, i.e. between EUR 195 million and EUR 205 million. With regard to earnings, the Managing Board assumes, however, that net profit for the full year 2011 will fall short of the projected and communicated range of EUR 6.5 million to EUR 7.5 million, as the performance in the third quarter was much poorer than expected. The unsatisfactory earnings position is primarily attributable to the sharp rise in commodity and energy costs, which A.S. Création has so far been unable to offset through increased sales prices. This is reflected in the lower gross profit margin, which stands at 46.0% in the current fiscal year, down 2.7 percentage points on the previous year's 48.7%. The full report on the period ended September 30, 2011 will be published on November 3, 2011. Gummersbach, October 27, 2011 A.S. Création Tapeten AG The Managing Board Contact: Maik Krämer Vorstand Finanzen Südstr. 47 D-51645 Gummersbach Telefon + 49 - (0)22 61/542-387 Fax + 49 - (0)22 61/542-304 E-Mail: m.kraemer@as-creation.de 27.10.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: A.S. Création Tapeten AG SüdstraÃe 47 51645 Gummersbach Germany Phone: +49 22 61 54 2-0 Fax: +49 22 61 54 2-3 04 E-mail: investor@as-creation.de Internet: http://www.as-creation.de ISIN: DE0005079909 WKN: 507990 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: A.S. Création reports weak earnings for Q3 2011
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