Brief: Schaltbau Holding revises FY outlook

Schaltbau Holding AG

08/08/2017 12:30

Aug 8 (Reuters) - SCHALTBAU  SLTG.DE : 
    * DGAP-ADHOC: SCHALTBAU HOLDING AG: *ACCELERATED RESTRUCTURING LEADING TO NON-OPERATIVE 
ONE-OFFS; *EBIT GUIDANCE ADJUSTED ACCORDINGLY TO EUR 2 TO EUR 5 MILL. FOR FY 2017; *DR. MARTIN 
KLEINSCHMITT AS NEW MEMBER OF THE EXECUTIVE BOARD (CRO) 
    * FY REVENUES OF GROUP ARE EXPECTED AT LOWER END OF GUIDANCE (EUR 520 MILL. TO 540 MILL.) 
    * RESTRUCTURING MEASURES LEAD TO ADDITIONAL ONE-OFFS, WHICH WILL BURDEN EBIT IN H2 2017 
 
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