Aumann AG

WKN: A2DAM0
ISIN: DE000A2DAM03
Land: Deutschland

Nachricht vom 09.06.2020 | 14:00

Aumann AG: Aumann closes Hennigsdorf site and improves the structure of its organisation and cost base

Aumann AG / Key word(s): Miscellaneous
Aumann AG: Aumann closes Hennigsdorf site and improves the structure of its organisation and cost base

09-Jun-2020 / 14:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Beelen, 09 June 2020

With the agreement of the Supervisory Board, the Executive Board of Aumann AG ("Aumann", ISIN: DE000A2DAM03) has decided to discontinue business operations of Aumann Berlin GmbH at its Hennigsdorf site. It is the smallest production unit within the Aumann group with revenue of around €11 million and a negative contribution to group results. Current projects with customers will be finalized until year-end. The closure of the production site will affect all 65 employees and is part of a set of measures to adjust the cost structure to weaker demand in the automotive industry. It is expected that the resulting reduction in complexity within the group will strengthen Aumann's competitiveness.

Aumann AG
Dieselstrasse 6
48361 Beelen
Germany
www.aumann.com

The Executive Board
Rolf Beckhoff (CEO)
Sebastian Roll (CFO)

The Supervisory Board
Gert-Maria Freimuth (Chairman)
Christoph Weigler
Dr. Christof Nesemeier

Court of registration
Münster Local Court, register number: HRB 16399

For further information, please contact

Investor Relations
André Schütz
+49 2586 888 7807
ir@aumann.com

09-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Aumann AG
	Dieselstraße 6
	48361 Beelen
	Germany
Phone:	+49 (0) 2586 888-7800
Fax:	+49 (0) 2586 888-7805
E-mail:	info@aumann.com
Internet:	www.aumann.com
ISIN:	DE000A2DAM03
WKN:	A2DAM0
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1065987


End of Announcement	DGAP News Service

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