DGAP-Adhoc: Vossloh Aktiengesellschaft: Vossloh re

Vossloh Aktiengesellschaft / Key word(s): Profit Warning 23.07.2013 11:04 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Transportation division with severe second-quarter loss, largely due to a provision for damages claimed - EBIT margin probably at 4-5 percent and hence well short of the lower end of the forecast bandwidth of 6-8 percent Contrary to expectations, the Vossloh Group's EBIT this year will not reach the magnitude of 2012 but remain well below. Vossloh's H1/2013 EBIT was significantly down year-on-year and its group earnings turned red. A key reason for this downturn is an additional provision in a double-digit million magnitude for damages claimed in a lawsuit involving the Transportation Systems business unit. Moreover, ongoing delays of certain projects at the Transportation division are weighing on sales and EBIT trends. In all, Vossloh forecasts the growth of its 2013 sales to reach about 5 percent and hence remain at the lower end of the originally budgeted bandwidth of 5-10 percent. For its EBIT margin, the Vossloh Group had predicted a range of 6-8 percent, depending on rail fastener shipments in China and how work progresses on major projects in the Transportation division. The EBIT margin for 2013 is now forecast at 4-5 percent. On July 25, 2013, Vossloh will publish its 2013 semiannual financial report. 23.07.2013 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: Vossloh Aktiengesellschaft Vosslohstr. 4 58791 Werdohl Germany Phone: +49 (0)2392 52 - 359 Fax: +49 (0)2392 52 - 219 E-mail: investor.relations@ag.vossloh.com Internet: www.vossloh.com ISIN: DE0007667107 WKN: 766710 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------