Greiffenberger AG Reports Revenue Results for the Nine Months of 2013; Provides Earnings Guidance for 2013
The company provided earnings guidance for 2013. For the year, the company expects turnover in the range of EUR 152 million to EUR 156 million. EBITDA is expected to be between EUR 11.1 million and EUR 12.6 million. Depreciation is expected EUR 6.8 million. EBIT will be in the range of EUR 4.3 million to EUR 5.8 million. The Greiffenberger Group continues to anticipate a significant improvement in the financial result, amounting to EUR 1.5 million to EUR 1.7 million.