Brief: aap Implantate updates FY 2015 forecast due to project delays

aap Implantate AG

03/11/2015 07:28

Nov 3(Reuters) - aap Implantate AG  AAQG.DE : 
    * Said on Monday it updated forecast for financial year 2015 
due to delays in sales development in strategic trauma markets 
and in project deals in the biomaterials business 
    * Announced that it will not achieve the sales and EBITDA 
targets it has forecasted for financial year 2015 
    * Now anticipates sales between 27.5 million euros ($30.32 
million) and 31.5 million euros and an EBITDA of -1.5 million 
euros to 1.0 million euros in FY 
    * Transformation of aap Implantate into a focused trauma 
company remains a core objective of its strategic direction 
 
     
  
     
 Source text for Eikon:  ID:nEQ7gZlVFa  
     
 Further company coverage:  AAQG.DE   
    
 
 
 
($1 = 0.9069 euros) 
 
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