Brief: Semperit says oper earnings below expectations in H2/2017
09/10/2017 12:28
Oct 9 (Reuters) - SEMPERIT AG HOLDING SMPV.VI :
* OPERATIONAL EARNINGS SITUATION OF SEMPERIT GROUP WILL REMAIN BELOW EXPECTATIONS IN SECOND
HALF OF 2017
* DO NOT EXPECT SIGNIFICANT IMPROVEMENT IN OPERATIONAL BUSINESS FOR THIRD AND FOURTH
QUARTERS OF 2017 ON CURRENT BASIS
* OPERATING RESULT IS MAINLY BURDENED BY VOLATILITY OF RAW MATERIAL PRICES AS WELL AS
OPERATIONAL CHALLENGES
* OUTLOOK WILL REMAIN SUSPENDED FOR COMING QUARTERS
* SEMPERIT - DECIDED ON COMPREHENSIVE ANALYSES AND STRATEGY PROCESS EXPECTED TO BE
COMPLETED IN Q2 2018 AND WILL CREATE ONGOING EXPENSES IN THIS PERIOD
* SIGNIFICANT NON-RECURRING CHARGES CANNOT BE RULED OUT IN COMING QUARTERS
Source text for Eikon: ID:nEu2h727S
Further company coverage: SMPV.VI
(Gdynia Newsroom)
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