Brief: HAWESKO Holding expects EBIT of EUR 2.5 mln for period July-September 2014
24/10/2014 07:58
Oct 24 (Reuters) - HAWESKO Holding AG HAWG.DE :
* Announced on Thursday on basis of preliminary numbers for
third quarter that it expected EBIT to be 2.5 million euros for
period July-September 2014, meaning that it would fall short of
market expectation of amount more than 3 million euros
* Said main reason for this development were consultancy
costs which turn out to be higher than expected
* Said Board continued to expect FY sales increase of 1 pct
to 2 pct against previous year
* Said regarding EBIT margin, Board assumes that FY figure
will fall within a range between 5.1 pct and 5.3 pct
* Said according to Board's current estimate, FY group EBIT
is expected on order of 24-25 million euros, whereby a normal
course of business is assumed for the important pre-Christmas
trading period in the fourth quarter
Source text for Eikon: ID:nHUG48v0Nk
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Keywords: HAWESKO HOLDING/RESULTS