HanseYachts Aktiengesellschaft provided earnings guidance for the year 2021. In view of existing yacht orders and the current manufacturing situation, the Executive Board expects that revenues in the current 2020-2021 financial year will be modestly lower than in the previous year. Moreover, the company's total operating performance should be lower than in 2019-2020 due to a marginal decrease in inventories of finished goods. This outlook is particularly based on the fact that the final quarter of the year is traditionally when the company generates strong revenues with high profit margins and the expectation that operational improvements and other productivity enhancements will take effect in the fourth quarter. Due to exceptional charges, the Executive Board expects that the EBITDA for the full year 2020-2021 will be below the level of the previous year. After depreciation, amortization and interest, the Executive Board expects a consolidated net loss of an amount in the single-digit millions. This would be, as expected, a considerable improvement over the previous year's consolidated net loss financial year 2019-2020: EUR -15.9 million which included a substantial impairment of goodwill in the amount of EUR 11.7 million.