DGAP-Adhoc: Aumann AG: Aumann closes Hennigsdorf site and improves the structure of its organisation and cost base
DGAP-Ad-hoc: Aumann AG / Key word(s): Miscellaneous Beelen, 09 June 2020
With the agreement of the Supervisory Board, the Executive Board of Aumann AG ("Aumann", ISIN: DE000A2DAM03) has decided to discontinue business operations of Aumann Berlin GmbH at its Hennigsdorf site. It is the smallest production unit within the Aumann group with revenue of around €11 million and a negative contribution to group results. Current projects with customers will be finalized until year-end. The closure of the production site will affect all 65 employees and is part of a set of measures to adjust the cost structure to weaker demand in the automotive industry. It is expected that the resulting reduction in complexity within the group will strengthen Aumann's competitiveness.
Aumann AG Dieselstrasse 6 48361 Beelen Germany www.aumann.com The Executive Board Rolf Beckhoff (CEO) Sebastian Roll (CFO) The Supervisory Board Gert-Maria Freimuth (Chairman) Christoph Weigler Dr. Christof Nesemeier Court of registration Münster Local Court, register number: HRB 16399 For further information, please contact Investor Relations André Schütz +49 2586 888 7807 [email protected]
09-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Aumann AG |
Dieselstraße 6 | |
48361 Beelen | |
Germany | |
Phone: | +49 (0) 2586 888-7800 |
Fax: | +49 (0) 2586 888-7805 |
E-mail: | [email protected] |
Internet: | www.aumann.com |
ISIN: | DE000A2DAM03 |
WKN: | A2DAM0 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1065987 |
End of Announcement | DGAP News Service |
|
1065987 09-Jun-2020 CET/CEST
Aumann AG Stock
Currently there is a rather positive sentiment for Aumann AG with 4 Buy predictions and 0 Sell predictions.
With a target price of 19 € there is a positive potential of 49.61% for Aumann AG compared to the current price of 12.7 €.