COR&FJA AG Reports Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014
August 14, 2014 at 04:22 am EDT
COR&FJA AG reported earnings results for the six months endedJune 30, 2014. Turnover was 50.8 million (as per 30 June 2013 was 63.1 million) and its earnings before interest, taxes, depreciation of property, plant and equipment, and amortisation of intangible assets (EBITDA) amounting to 8.1 million (as per 30 June 2013 was (negative) 5.1 million). All in all, COR&FJA generated consolidated earnings amounting to 5.0 million as of the mid-year point in 2014 (as per 30 June 2013 was (negative) 8.8 million) and earnings per share of 0.12 (as per 30 June 2013: (negative) 0.20).
In view of the current market and sales situation, COR&FJA is expecting to generate turnover of roughly 100.0 million and an operating result before interest, taxes, depreciation of property, plant and equipment and amortisation of intangible assets (EBITDA) of some 11.0 million in the current 2014 financial year.