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SPM Splendid Medien AG News Story

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Brief: Splendid Medien cuts 2016 outlook

Dec 8 (Reuters) - Splendid Medien AG  SPME.DE : 
    * Is now assuming that the revised consolidated prognosis 
published on 18 August 2016 will no longer be achieved 
    * Expects consolidated sales in a range of 50 million euros 
($53.06 million) to 53 million euros ($56.24 million) and a loss 
in EBIT in a range of -1.0 million to -1.5 million euros 
    * In November and in the beginning of December, Splendid 
Group recorded an unexpectedly weak business performance, 
particularly in the segment Content 
 
Source text for Eikon:  ID:nEQbhv36f  
Further company coverage:  SPME.DE  
 
($1 = 0.9424 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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