EQS Group AG / Key word(s): Change in Forecast
EQS Group AG: EBITDA guidance lowered for the financial year 2023 due to one-off transaction costs

08-Feb-2024 / 18:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

EQS Group AG – Publication of inside information according to Article 17 of the Regulation (EU) No 596/2014


EBITDA guidance lowered for the financial year 2023 due to one-off transaction costs


Munich, February 8, 2024. On December 4, 2023, Pineapple German Bidco GmbH launched a takeover offer (the “Takeover Offer”) to the shareholders of EQS Group AG (the “Company”) for the acquisition of their no-par value registered shares (auf den Namen lautende Stückaktien) in the Company (“EQS Shares”) for a cash consideration of EUR 40.00 per EQS Share. On February 2, 2024, the Takeover Offer has been settled.


As a consequence of the consummation of the Takeover Offer, the Company will incur one-off transaction costs in a single-digit million Euro amount, which will impact the Company’s earnings for the financial year 2023. As a result, the Management Board lowers its earnings guidance and is currently expecting an EBITDA for the full financial year 2023 in the range of EUR 1.5m and EUR 2.5m, after previously expecting a range of EUR 9m to EUR 11m.


Person making the notification: André Marques, Executive Board member (CFO)



André Marques


Tel.: +49 89-444430-033

Email.: [email protected]


End of Inside Information

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Language: English Company: EQS Group AG Karlstr. 47 80333 Munich Germany Phone: +49(0)89 444 430-000 Fax: +49(0)89 444 430-049 E-mail: [email protected] Internet: www.eqs.com ISIN: DE0005494165 WKN: 549416 Indices: Scale Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange EQS News ID: 1833829
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