Brief: Aluflexpack AG Says It Adjusts Outlook For 2023 EBITDA Before SE Of EUR 45-50M (Previously EUR 50-55M)

Aluflexpack AG

11/10/2023 19:03

Oct 11 (Reuters) - Aluflexpack AG  AFPD.S :
    * ADJUSTS OUTLOOK FOR 2023 EBITDA BEFORE SE OF EUR 45-50M
(PREVIOUSLY EUR 50-55M)
    * SAYS CONFIRM OUR MID-TERM 2025 OUTLOOK OF ORGANIC NET
SALES OF
EUR 450-500M AND EBITDA MARGIN BEFORE SE OF 14-16%
    * OUTLOOK FOR 2023 TO NET SALES EXCLUDING EFFECTS FROM
HYPERINFLATION ACCOUNTING IN TÜRKIYE (IAS 29) OF EUR 360-390M
    * EXPECTATIONS ON EBITDA BEFORE SPECIAL EFFECTS, NET SALES
FOR FY
2023 LOWERED DUE TO SOFTER-THAN-ANTICIPATED DEMAND IN EUROPE

Source text for Eikon:  ID:nPexLk5Xxa 
Further company coverage:  AFPD.S 

 ((Reuters.Briefs@thomsonreuters.com;))