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CLS1 - Celesio AG News Story

€25.87 0.0  0.0%

Last Trade - 26/04/17

Large Cap
Market Cap £4.15bn
Enterprise Value £5.07bn
Revenue £n/a
Position in Universe th / 1048

BRIEF-Celesio H1 adj EBIT down at 157.1 million euro

Tue 22nd November, 2016 9:04am
Nov 22 (Reuters) - Celesio AG  CLSGn.DE : 
    * EBIT (earnings before interest and taxes) for continuing 
operations saw a decrease of 36.0 per cent to 146.3 million euro 
($155.77 million) in first half of fiscal 2017 
    * Group revenue came to 10,376.3 million euro in the first 
half of fiscal 2017 (01/04/2016 - 30/09/2016), a decrease of 2.8 
per cent 
    * Company maintains its revenue outlook for fiscal 2017 
    * Exchange rate effects and the sale of the Norwegian and 
Swedish businesses to McKesson corporation had a negative impact 
on the result 
    * Now expects 2017 EBIT adjusted, on a constant currency 
basis and excluding prior year disposals, to be slightly below 
fiscal 2016 
    * Adjusted for special effects, EBIT decreased to 157.1 
million euro compared to 235.5 million euro in the first half of 
fiscal 2016 
    * Overall negative exchange rate effects related to the 
british pound on EBIT adjusted amounted to 12.7 million euro 
Source text for Eikon:  ID:nNDL6Xrypt  
Further company coverage:  CLSGn.DE  
($1 = 0.9392 euros) 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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