Brief: Elumeo Revises Forecasts For 2018 Downwards

Elumeo SE

06/08/2018 06:07

Aug 6 (Reuters) - ELUMEO SE  ELBG.DE :
    * REVISES FORECASTS FOR 2018 DOWNWARDS
    * ANTICIPATES A SLIGHT DECLINE IN REVENUES FOR GERMANY AND
ITALY
SEGMENT IN 2018
    * ANTICIPATES SIGNIFICANT DECLINE IN REVENUES FOR OTHER
SALES
BUSINESS SEGMENT IN 2018
    * EXPECTS A MID-SINGLE-DIGIT MILLION LOSS FOR TOTAL SEGMENT
EBITDA
IN 2018
    * A RETURN TO PROFITABILITY IS NOW NOT EXPECTED UNTIL Q4 OF
2018
    * GROUP EBITDA IN LOW SINGLE-DIGIT MILLION RANGE IS EXPECTED
FOR
FINANCIAL YEAR 2018

Source text for Eikon:  ID:nEQ2g9ZMca 
Further company coverage:  ELBG.DE 

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