Brief: KAP Says Adjusted Guidance For Revenue And Normalised EBITDA For FY 2023

Kap AG

21/08/2023 17:05

Aug 21 (Reuters) - Kap Ag  IURG.DE :
    * EQS-ADHOC: KAP AG: ADJUSTMENT OF GUIDANCE FOR FISCAL YEAR
2023
    * ADJUSTED ITS GUIDANCE FOR REVENUE AND NORMALISED EBITDA
FOR FULL
YEAR 2023
    * SIGNIFICANTLY LOWER REVENUE AND SIGNIFICANTLY LOWER
NORMALISED
EBITDA ARE NOW PREDICTED FOR FULL YEAR 2023
    * CO NO LONGER EXPECTS ECONOMY TO RECOVER QUICKLY AFTER
SUMMER
BREAK, AS PREVIOUSLY EXPECTED, FOLLOWING A WEAK Q2 OF 2023
    * FY 2023 REVENUE AND NORMALISED EBITDA BOTH EXPECTED WITH
ANTICIPATED YOY DEVIATION IN LOW DOUBLE-DIGIT PERCENTAGE RANGE

Source text for Eikon:  ID:nEQ6HZ2cha 
Further company coverage:  IURG.DE 

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