Hawesko Holding AG provided preliminary earnings guidance for the third quarter to September 2014. The company expects EBIT to be EUR 2.5 million for the period July to September 2014, meaning that it will fall short of the market expectation of an amount more than EUR 3 million. The main reason for this development are consultancy costs which turn out to be higher than expected: the Hawesko Management Board had estimated these in the half-year financial report to amount to a total of EUR 1.5 million, but at 30 September 2014 they totaled EUR 1.8 million.

The Board continues to expect a sales increase of 1% to 2% against the previous year of EUR 465 million. Regarding the EBIT margin, the Board now assumes that the figure will fall within a range between 5.1% and 5.3% compare to previous year of 4.8%.