EANS-Adhoc: Semperit: Focus on industrial rubber – separation from medical business
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Strategic Management Decisions
Vienna – Austria, 28 January 2020 – Within its new strategic orientation, the Semperit Group will focus on the Industrial Sector in future and transform into an industrial rubber specialist. Consequently, the Executive Board as well as the Supervisory Board of Semperit AG Holding have decided to separate from the medical business.
In connection with the focus on the Industrial Sector, Semperit re-defines the target set at the beginning of the restructuring process (until now: EBITDA margin of approximately 10 percent from the end of 2020) and strives towards a higher EBITDA margin until the end of 2024, which will be oriented towards industrial peers.
end of announcement euro adhoc
issuer: Semperit AG Holding
phone: +43 1 79 777-310
FAX: +43 1 79 777-602
indexes: ATX GP, WBI, ATX PRIME
Digital press kit: http://www.ots.at/pressemappe/2918/aom
Director Group Brand Management, Corporate Spokesperson
+43 676 8715 8620
Director Investor Relations
+43 676 8715 8310
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