Brief: Rovsing Q1 posts widening EBITDA loss, to initiate cost saving measures

Rovsing A/S

17/11/2017 06:30

Nov 17 (Reuters) - ROVSING A/S  ROVS.CO  
    * Q1 REVENUE DKK 4.0 MILLION VERSUS DKK 9.0 MILLION YEAR 
AGO 
    * CONSIDERS FINANCIAL PERFORMANCE IN 1ST QUARTER 2017/18 AS 
BEING 
UNSATISFACTORY. 
    * OUTLOOK FOR FINANCIAL YEAR 2017/18 IS MAINTAINED 
    * UPDATED STRATEGY IS EXPECTED TO BE DISCLOSED BEFORE END 
OF 
2017 
    * FULL-YEAR OUTLOOK FOR FINANCIAL YEAR 2017/18 IS 
MAINTAINED 
    * COST SAVING MEASURES WILL BE INITIATED AND TAKE EFFECT AS 
SOON 
AS POSSIBLE. 
    * Q1 EBITDA LOSS DKK 2.2 MILLION VERSUS LOSS DKK 0.2 
MILLION 
YEAR AGO 
 
Source text for Eikon:  ID:nCSE7dG2  
Further company coverage:  ROVS.CO  
 
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