GfK SE / Key word(s): Change in Forecast/Change in Forecast
11.08.2014 20:25

Dissemination of a Ad-hoc-correction according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc disclosure
under Sec. 15 of the German Securities Trading Act ( WpHG)
GfK adjusts outlook for 2014
 
Nuremberg, 11 August 2014 - GfK achieved sales of around EUR 698 million in the first half of 2014 and is therefore just under EUR 31 million (or 4.2%) down on the comparable period of the previous year. Organic growth stood at -1.6%.

The company does not expect stronger growth in the two subsequent quarters to compensate fully for the subdued sales performance in the first half of the year. Therefore, the Management Board is anticipating annual sales for 2014 to be at the prior year level (EUR 1,495 million) or slightly lower and is not expecting any organic growth. The new target is now between -1.5% and 0% (previously +1 to +2%) organic sales growth. The target corridor of 12% to 12.5% for the AOI (adjusted operating income) remains unchanged. This forecast is based on the assumption that the geopolitical situation will not worsen.

The half-yearly report will be published as planned on 13 August 2014.
Contact:
Investor Relations
Bernhard Wolf
bernhard.wolf@gfk.com
T+49 911 395 2012


11.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      GfK SE
              Nordwestring 101
              90419 Nürnberg
              Germany
Phone:        +49 (0)911 395-0
Fax:          +49 (0)911 395-2209
E-mail:       gfk@gfk.com
Internet:     www.gfk.com
ISIN:         DE0005875306
WKN:          587530
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart  
End of Announcement DGAP News-Service  

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