Francotyp-Postalia Holding AG Adjusts Financial Forecast for 2024

Berlin, August 2, 2024 - Francotyp-Postalia Holding AG has revised its financial forecast for the year 2024 based on preliminary figures from the first half of the year. Initial projections suggesting a stable or slightly declining revenue have been adjusted to anticipate a revenue drop of up to 6%. This adjustment is attributed to business developments not aligning with the Group's initial expectations.

Furthermore, profitability metrics have also been revised. EBITDA is now expected to fall by up to 12% compared to the previous year's figures. In 2023, the company generated revenue of €241.8 million, with an EBITDA of €31.0 million. These latest adjustments reflect a significant deviation from Francotyp-Postalia Holding AG's early estimates.

The company's half-year report, set for release on August 29, 2024, will offer more detailed insights into these financial adjustments. For further inquiries, stakeholders can reach out to Dr. Monika Plum, the Head of Strategy & Investor Relations, via email or phone.