Muehlhan AG provided earnings guidance for the full year 2021. The forecast for the operating business in 2021 still depends to a large extent on the further course of the pandemic. Without the deconsolidation result from the sale of Ger-stbau Muehlhan GmbH, the Executive Board and Supervisory Board of company expected year-over-year revenues and earnings to recover in 2021, unless the restrictions that have currently been largely lifted become necessary again in the short term. The revenues (EUR 295.3 million) and results (EBIT of EUR 12.4 million) of 2019 will not be achieved. The deconsolidation result from the sale of Ger-stbau Muehlhan GmbH of approximately EUR 15 million to EUR 20 million will be added to the operating result. The deconsolidation result is expected to be realized in the second half of 2021.