Muehlhan AG provided Correction to the Group forecast for financial year 2023. For the period, the company announced that the Group forecast published on October 13, 2023, revenues of ?10 million to ?15 million and an EBIT of between ?-3.5 million and ?-4.0 million were forecast for the 2023 financial year. The company continues to expect revenues of ?10 million to ?15 million, but predicts EBIT will be between ?-4.0 million and ?-4.5 million.

The main reason for the renewed forecast revision is expenses for the decision to discontinue all activities in Oman.