{"id":32148,"date":"2020-04-27T07:33:21","date_gmt":"2020-04-27T05:33:21","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=32148"},"modified":"2025-01-29T14:03:53","modified_gmt":"2025-01-29T13:03:53","slug":"april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.cometis.de\/en\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\/","title":{"rendered":"<span id=\"2020\" class=\"Postdate\">April 22, 2020<\/span> | KPS AG: Withdrawal of forecast for the current fiscal year"},"content":{"rendered":"<h1>Ad hoc news<\/h1>\n<p><a class=\"zur\u00fcckbutton\" href=\"https:\/\/cometis.de\/en\/publication-archive-kps\">to the archive<\/a><\/p>\n<h1>KPS AG: Withdrawal of forecast for the current fiscal year<\/h1>\n<p>The KPS AG Management Board is currently unable to make a reliable estimate regarding how the ongoing COVID-19 pandemic will affect the economic situation of the KPS group\u2019s existing and potential customers or their demand behaviour. Consequently, the resulting effect on KPS AG\u2019s sales and earnings performance for the 2019\/2020 financial year cannot be quantified with sufficient reliability at present. Against this background, the Management Board has decided to withdraw its forecast for the 2019\/2020 financial year published on 24 January 2020. From today&#8217;s perspective, the forecasted revenue of \u20ac181-191 million and EBITDA of \u20ac28-36 million are conditional upon too many uncertainties to maintain the respective forecasts. Due to the dynamics of the developments in connection with the COVID-19 pandemic, the Management Board is refraining from issuing a new forecast for the 2019\/2020 financial year until further notice. The health and safety of the KPS Group&#8217;s employees, customers and business partners are of top priority.<\/p>\n<p>Leonardo Musso<\/p>\n<p>Sole member of Management Board<\/p>\n<p>Unterf\u00f6hring, 27 April 2020<\/p>\n<p><strong>Contact:<\/strong><br \/>\nKPS AG<br \/>\nBeta Street 10H<br \/>\n85774 Unterf\u00f6hring<br \/>\nPhone: +49 (0) 89 356 31-0<br \/>\nFax: +49 (0) 89 356 31-3300<br \/>\ne-mail: ir@kps.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ad hoc news to the archive KPS AG: Withdrawal of forecast for the current fiscal year The KPS AG Management Board is currently unable to make a reliable estimate regarding how the ongoing COVID-19 pandemic will affect the economic situation of the KPS group\u2019s existing and potential customers or their demand behaviour. Consequently, the resulting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":98872,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[128,90],"tags":[276],"class_list":["post-32148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kps-ad-hoc-news","category-news-en","tag-2020-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>April 22, 2020 | KPS AG: Withdrawal of forecast for the current fiscal year - cometis AG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cometis.de\/en\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"April 22, 2020 | KPS AG: Withdrawal of forecast for the current fiscal year\" \/>\n<meta property=\"og:description\" content=\"Ad hoc news to the archive KPS AG: Withdrawal of forecast for the current fiscal year The KPS AG Management Board is currently unable to make a reliable estimate regarding how the ongoing COVID-19 pandemic will affect the economic situation of the KPS group\u2019s existing and potential customers or their demand behaviour. Consequently, the resulting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cometis.de\/en\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\/\" \/>\n<meta property=\"og:site_name\" content=\"cometis AG\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-27T05:33:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-29T13:03:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cometis.de\/wp-content\/uploads\/2024\/12-old\/Cometis-Mobile-Logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"171\" \/>\n\t<meta property=\"og:image:height\" content=\"31\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Assistenz cometis AG\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Assistenz cometis AG\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/\"},\"author\":{\"name\":\"Assistenz cometis AG\",\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/#\\\/schema\\\/person\\\/5359bae3178840cd846706150aa69cd1\"},\"headline\":\"April 22, 2020 | KPS AG: Withdrawal of forecast for the current fiscal year\",\"datePublished\":\"2020-04-27T05:33:21+00:00\",\"dateModified\":\"2025-01-29T13:03:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/\"},\"wordCount\":207,\"publisher\":{\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cometis.de\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/icon_newsroom.svg\",\"keywords\":[\"2020\"],\"articleSection\":[\"KPS Ad-Hoc News\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/\",\"url\":\"https:\\\/\\\/www.cometis.de\\\/en\\\/april-22-2020-kps-ag-withdrawal-of-forecast-for-the-current-fiscal-year\\\/\",\"name\":\"April 22, 2020 | KPS AG: Withdrawal of forecast for the current fiscal year - 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