Constantin Medien AG Announces Earnings Results for the Year 2017; Provides Earnings Guidance for the Year 2018
For 2018, the company is expecting significantly lower sales at the Group level than in previous years due to the year-round deconsolidation of Highlight Communications AG. Based on current estimates and the operational development of the sports companies, the Management Board of company is presently assuming Group sales of EUR 110 million to EUR 130 million for the 2018 financial year. Taking into account the holding costs as well as the financial result and taxes, the Management Board expects a Group result attributable to shareholders of negative EUR 1.5 million to EUR 4.5 million.