Nilfisk: At record low on another outlook cut

Nilfisk Holding A/S

16/10/2019 08:13

** Shares in Danish cleaning equipment maker Nilfisk
 NLFSK.CO  slump 12% after the company again cut its 2019
outlook  urn:newsml:reuters.com:*:nFWN27014V
    ** Nilfisk lowers outlook on EBITDA margin for the second
time in year  urn:newsml:reuters.com:*:nL8N23X1BB, sees mid-term targets unlikely to be
met in 2021
    ** Nilfisk says experienced a further slowdown in Germany,
reports growth in Americas below its own expectations 
    ** Nilfisk shares are down 47% so far this year at DKK
122.6, the lowest since its 2017 listing

 ((boleslaw.lasocki@tr.com))