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RIB Software AG: Status Phase III deals - lowering of forecast

Back17.11.2015
RIB Software AG  / Key word(s): Change in Forecast

17.11.2015 14:46

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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Ad-hoc notification pursuant to Section 15 of the German Securities Trading
Act: Change in forecast

Status Phase III deals - lowering of forecast

Stuttgart, Germany, 17 November 2015 - RIB Software AG (ISIN DE000A0Z2XN6)
lowers forecast

Based on today's assessment the executive board of RIB Software AG expects
that a successful closure of the two Phase III deals ‎that were projected
to be signed within 2015 cannot be achieved. Therefore neither the expected
total revenue projection (EUR 85m to EUR 95m) nor the total EBITDA
‎projection (EUR 29m to EUR 36m) forecasted for 2015 can be achieved. The
executive ‎board now projects an adjusted total revenue between EUR 78m and
EUR 86m and a total EBITDA between EUR 22m and EUR 30m for 2015. The
negotiations on signing the respective Phase III deals ‎remain to be
promising and will be continued. However based on today's information a
successful closure of those transactions until year end cannot be expected.


17.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
              Germany
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-311
E-mail:       info@rib-software.com
Internet:     www.rib-software.com
ISIN:         DE000A0Z2XN6
WKN:          A0Z2XN
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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