Brief: Alfio Bardolla Training Cuts 2018 Guidance

Alfio Bardolla Training SpA

03/12/2018 11:05

Dec 3 (Reuters) - Alfio Bardolla Training Group SpA
 ABTG.MI :
    * SAID ON FRIDAY IT CUTS ITS GUIDANCE FOR FY 2018
    * CUTS FY 2018 TURNOVER ESTIMATE TO 9.8 MILLION EUROS FROM 
14.3
MILLION EUROS
    * CUTS FY 2018 EBITDA TO 1.8 MILLION EUROS FROM 2.7 MILLION
EUROS
    * CUT IN SALES IS PARTLY DUE TO LOWER THAN EXPECTED
CONVERSION OF
WAKE UP CALL PARTICIPATIONS INTO SALES IN OCT
    * COMMERCIAL STRUCTURE CAME INTO FORCE WITH THREE-MONTH
DELAY
    * CUTS EBITDA GUIDANCE DUE TO INCREASE IN COSTS OF AROUND
2.4
MILLION EUROS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA854bKX
    
 Further company coverage:  ABTG.MI  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))