Brief: Schouw & Co Q2 EBITDA Up By 12 Pct To DKK 399 Million

Schouw & Co.

17/08/2018 11:26

Aug 17 (Reuters) - Schouw & Co A/S  SCHO.CO :
    * REG-INTERIM REPORT – SECOND QUARTER OF 2018
    * CONSOLIDATED REVENUE GREW BY 10% IN Q2 OF 2018 TO DKK
4,534
MILLION
    * SHARE BUY-BACK PROGRAMME OF UP TO DKK 200 MILLION TO BE
INITIATED.
    * SCHOUW & CO. LOWERS ITS FULL-YEAR 2018 GUIDANCE
    * Q2 EBITDA WAS UP BY 12% TO DKK 399 MILLION
    * SHARE BUY-BACK PROGRAMME OF UP TO DKK 200 MILLION TO BE
INITIATED.
    * TO LOWER OUR OVERALL GUIDANCE FOR 2018 DUE TO OUTCOME OF
CONTRACT NEGOTIATIONS IN NORWAY
    * "WE HAVE HAD TO LOWER OUR OVERALL GUIDANCE FOR 2018 DUE TO
OUTCOME OF CONTRACT NEGOTIATIONS IN NORWAY"
    * "WE HAVE HAD TO LOWER OUR OVERALL GUIDANCE FOR 2018 DUE TO
WEAKER ACTIVITY AMONG LARGER CUSTOMERS SERVED BY FIBERTEX
PERSONAL CARE IN MALAYSIA"

Source text for Eikon:  ID:nGNE3kZ6k7 
Further company coverage:  SCHO.CO 

 (Gdynia Newsroom)
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