Brief: Balta Group announces financial update

Belysse NV

24/11/2017 15:03

Nov 24 (Reuters) - Balta Group NV  BALTA.BR : 
    * SAYS TRADING HAS DETERIORATED SINCE CO'S Q3 TRADING UPDATE 
ON 
7TH NOVEMBER 
    * SAYS  NOW EXPECT FULL YEAR PRO FORMA ADJUSTED EBITDA 
MARGIN TO 
BE BETWEEN 12.7% AND 12.9%, DOWN VERSUS LAST YEAR BY 110-130BP 
    * REITERATES REVENUE GUIDANCE FROM Q3 AT LOW-MID SINGLE 
DIGIT 
GROWTH ON A CONSTANT CURRENCY PRO-FORMA BASIS 
    * SAYS  CONFIDENT IN MEDIUM TERM OUTLOOK AND EXECUTING ON 
LONG 
TERM STRATEGY IS OUR PRIORITY 
 
Source text: http://bit.ly/2iNQTCF 
Further company coverage:  BALTA.BR  
 
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