24.03.2016 19:09:45
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EQS-Adhoc: Airopack Technology Group delays publication of 2015 financial results
EQS Group-Ad-hoc: Airopack Technology Group AG / Key word(s): Final Results Airopack Technology Group delays publication of 2015 financial results
2016-03-24 / 18:39 Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement.
Airopack Technology Group delays publication of 2015 financial results
Baar, 24th March 2016 - Airopack Technology Group AG ("ATG") today announces that it will delay the publication of its 2015 financial results. ATG has taken this decision because its financial results are largely determined by the Airolux joint venture, whose figures are not available at this moment.
As communicated in the ad-hoc release of 7th January 2016, ATG has undertaken steps to initiate a formal termination of its Airolux joint venture. In view of these developments, the 2015 annual accounts of the joint venture Airolux are not yet available. Therefore, ATG will delay the publication of its 2015 financial results to no later than 29th April 2016.
For more information: Investors: Airopack Technology Group AG Quint Kelders, CEO / Frans van der Vorst, Zugerstrasse 76b CH-6340 Baar TF: +31 416 300 800 E-Mail: quint.kelders@airopackgroup.com frans.vandervorst@airopackgroup.com www.airopackgroup.com
Media: Hill + Knowlton Strategies CFO Frans van der Grint T: +31 (0) 20 404 4707 / M: + 31 (0) 6 29044053 E-Mail: frans.vandergrint@hkstrategies.com
Airopack Technology Group AG is a leading developer and supplier of mechanical and pressure-controlled dispensing packaging technologies and systems for manufacturers and suppliers of cosmetics, body care, pharmaceutical and food products. The revolutionary and worldwide patented Airopack(R) technology offers a safe, all-plastic pressurized dispenser that is environmentally friendly: no inhalation risks, no propellants and no unnecessary waste. Unlike other pressurized dispensers that use propellants Airopack(R) uses just normal compressed air which results in dispensing a formulation at constant pressure from start to finish.
Airopack Group does not only offer this patented technology but also has a Full-service operation. With this Full-service operation Airopack Group provides a turnkey solution to quickly and easily launch customer products in Airopack(R). Via the unique Full-service operation Airopack Group can mould, assemble, sleeve or label, fill and pack Airopack(R) to customer's specifications. In addition Airopack Group has a highly experienced laboratory for formulation development and bulk production to ensure the best quality and control.
Airopack Technology Group operates a manufacturing facility in Glarus Nord, Switzerland, a Full-service operation in Belgium, global R&D and customer service facility in Waalwijk, the Netherlands and sales offices in the United States of America. With deliveries to the world's largest and leading consumer brands, Airopack Technology Group reached a key milestone in 2015 with respect to commercial market entry. The shares of the company are listed on the Swiss Reporting Standard of the SIX Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942). www.airopackgroup.com End of ad hoc announcement
2016-03-24 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release. Language: English Company: Airopack Technology Group AG Zugerstrasse 76b 6340 Baar Switzerland Phone: +41 417663500 Fax: +41 417663509 E-mail: frans.vandervorst@airopackgroup.com Internet: www.airopackgroup.com ISIN: CH0242606942 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Open Market in Frankfurt ; SIX
End of News EQS Group News Service 448945 2016-03-24
(END) Dow Jones Newswires
March 24, 2016 13:39 ET (17:39 GMT)- - 01 39 PM EDT 03-24-16
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