Ferratum Oyj: Ferratum Group narrows 2018 fiscal guidance

    Ferratum Oyj: Ferratum Group narrows 2018 fiscal guidance

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DGAP-Ad-hoc: Ferratum Oyj / Schlagwort(e): Prognoseänderung/Gewinnwarnung
Ferratum Oyj: Ferratum Group narrows 2018 fiscal guidance

15.11.2018 / 07:30 CET/CEST
Veröffentlichung einer Insiderinformationen nach Artikel 17 der Verordnung
(EU) Nr. 596/2014, übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Ferratum Oyj: Ferratum Group narrows 2018 fiscal guidance

- 2018 Group revenue guidance revised to a range of EUR 260-265 million from
EUR 260-280 million

- Previously published 2018 EBIT profitability guidance maintained in the
range of 13%-16%

Helsinki, 15 November 2018 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
("Ferratum" or the "Group") announces that in view of the Group's financial
performance and operational progress over the past three quarters, published
separately today, the Board expects that the Group will achieve the lower
end of previously published revenue guidance for fiscal year 2018.

Accordingly, the Board now estimates revenues for the fiscal year 2018 will
range between EUR 260 million and EUR 265 million (previously EUR 260
million to EUR 280 million), while the estimate for operating profit margin
(EBIT margin) is reconfirmed within the range of 13% and 16%.

Ferratum Oyj bases this guidance on certain assumptions, including:

- Consumer credit volumes continue to grow, based on new customers,
continued diversification of consumer lending products and growth

- Moderate expectations on the 2018 contribution of new revenue streams from
partnerships, mobile bank innovations

- Ferratum Business (SME) continues to grow, as market share in the 8
existing markets is small and expected to increase

- No material negative changes in the consumer and business credit markets

- Stable capital market conditions

- No unexpected significant new regulatory challenges or changes

Disclaimer

All of the estimates presented herein are based on the Group's current
opinion. The information presented above may include forward-looking
statements. These statements are not a guarantee of the development of the
Group's result of operations and financial position in the future, and the
Group's actual result of operations and financial position could differ
significantly from any information expressly or indirectly presented in
forward-looking statements due to numerous factors. Investors are advised to
take a qualified view of the aforementioned statements.

END OF AD-HOC ANNOUNCEMENT

Contacts:

   Ferratum Group Dr. Clemens Krause Head      Ferratum Group Emmi Kyykkä
   of Finance and Risk T: + 49 30 921005844    Deputy Head of Investor
   E: [1][e-mail]  1.       Relations T: +41 79 940
   mailto:[e-mail]          6315 E:
                                               [1][e-mail]
                                               1.
                                               mailto:emmi.kyykka@ferra
                                               tum.com
   UK / European media enquiries:
   Smithfield, A Daniel J Edelman Company
   Alex Simmons | Brett Jacobs T: +44 20
   3047 2543 | [phone] E:
   [1][e-mail] E:
   [2][e-mail]  1.
   mailto:[e-mail] 2.
   mailto:[e-mail]


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   Sprache:        Deutsch
   Unternehmen:    Ferratum Oyj
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finnland
   Telefon:        [phone]
   Fax:            [phone]
   E-Mail:         [e-mail]
   Internet:       https://www.ferratumgroup.com
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Börsen:         Regulierter Markt in Frankfurt (Prime Standard);
                   Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
                   München, Stuttgart, Tradegate Exchange



   Ende der Mitteilung    DGAP News-Service
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