on Rath AG (isin : AT0000767306)
Rath AG Issues Profit Warning for 2024
Rath AG has issued a profit warning indicating a significant decline in EBIT for 2024, as announced on 12 September 2024. The announcement, disclosed pursuant to Article 17 MAR of the EU Regulation No 596/2014, highlights a downward trend in revenue driven by lower market demand.
The Executive Board of Rath AG attributes the projected decline to increased costs, notably in wages and salaries. These factors are expected to have a notable impact on the company's profitability compared to the previous year.
This disclosure was transmitted by EQS News, in accordance with regulatory requirements, and places responsibility for this information solely on Rath AG.
R. H.
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