Brief: FKD Revises Its FY 2017-2020 Forecast

Fabryka Konstrukcji Drewnianych SA

06/12/2017 10:36

Dec 6 (Reuters) - FABRYKA KONSTRUKCJI DREWNIANYCH SA (FKD) 
 FKD.WA : 
    * SEES NOW ITS  FY 2017 AND 2018 NET SALES OF 19.2 MILLION 
ZLOTYS 
AND 41 MILLION ZLOTYS, RESPECTIVELY 
    * FORESEES ITS FY EBITDA FOR THE SAME PERIODS OF 8.1 MILLION 
ZLOTYS AND 17.6 MILLION ZLOTYS, RESPECTIVELY 
    * SEES ITS FY 2017 AND 2018 NET PROFIT OF 5 MILLION ZLOTYS 
AND 
11.48 MILLION ZLOTYS, RESPECTIVELY 
    * PREVIOUSLY, CO SAW ITS FY 2017 NET SALES AT 23.9 MILLION 
ZLOTYS, 
EBITDA AT 11.0 MILLION ZLOTYS, NET PROFIT AT 7.3 MILLION 
ZLOTYS 
    * BEFORE, CO FORESAW ITS FY 2018 NET SALES AT 39.7 MILLION 
ZLOTYS, 
EBITDA AT 19.1 MILLION ZLOTYS, NET PROFIT AT 13 MILLION ZLOTYS 
 urn:newsml:reuters.com:*:nL5N1C90Q3 
    * THE CHANGES ARE AMONG OTHERS DUE TO HIGHER LABOR AND 
MATERIAL 
COSTS AND MOVING SOME OF THE COMPANY'S CONTRACTS TO 2018 DUE TO 
REASON NOT DEPENDENT ON THE COMPANY 
    * TAKING INTO THE ACCOUNT THE ABOVE, THE COMPANY HAS DECIDED 
NOT 
TO PUBLISH CURRENTLY A FORECAST FOR 2019-2020 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6Phnlja 
     
 Further company coverage:  FKD.WA   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))