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Cavotec SA announces change in FY15 guidance

08:30 / 19 October 2015 Cavotec Press release

Cavotec SA announces change in FY15 guidance

Due to very challenging delivery schedules for 4Q15 the Board and Management of
Cavotec SA have today issued new FY15 guidance of revenues between EUR 230 and
235 million and a somewhat reduced level of profitability compared to FY14.
Previous guidance was for moderate FY15 revenue growth and a strengthening EBIT
towards the second half of the year. 

"4Q15 is shaping up to be a new milestone in Cavotec's history as we have an
unprecedented amount of deliveries to make in these coming months.
Unfortunately, we foresee such pressure could potentially lead to deliveries
being delayed into 1Q16" says Ottonel Popesco, Cavotec CEO. "We have also
continued investing and strengthening our sales and engineering resources
resulting in increased operating expenses." 

Cavotec SA will publish its 3Q15 report on 5 November 2015.


Media & investor contact:

Michael Scheepers

Group Director, IR & Corporate Communications or +41 795 024 010

The information in this release is subject to the disclosure requirements of
Cavotec SA under the Swedish Securities Market Act and/or the Swedish Financial
Instruments Trading Act. This information was publicly communicated on 19
October 2015, 08:30 CEST.

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