Brief: Tessenderlo Group Q2 REBITDA Down At 62.3 Million Euros

Tessenderlo NV

22/08/2018 07:36

Aug 22 (Reuters) - TESSENDERLO GROUP NV  TESB.BR :
    * TESSENDERLO GROUP: PRESS RELEASE 2Q18 AND HY18 RESULTS
(REGULATED INFORMATION)
    * Q2 GROUP REVENUE EUR 458.5 MILLION VERSUS EUR 477.4
MILLION YEAR
AGO
    * Q2 REBITDA EUR 62.3 MILLION VERSUS EUR 65.7 MILLION YEAR
AGO
    * H1 PROFIT EUR 54.9 MILLION VERSUS EUR 17.1 MILLION YEAR
AGO
    * 2018 REBITDA WILL BE LOWER THAN THE 2017 REBITDA
    * SAYS  CONTINUES TO BE IMPACTED BY THE EVOLUTION OF THE
EUR/USD
EXCHANGE RATE AND THE EVOLUTION OF RAW MATERIAL/FAT PRICES
    * SAYS CURRENTLY OPERATES IN A VOLATILE POLITICAL, ECONOMIC
AND
FINANCIAL ENVIRONMENT
    * IF T-POWER NV TRANSACTION COMPLETED BY END OF SEPT, 2018
REBITDA, IS EXPECTED TO BE IN LINE WITH  2017

Source text: [https://bit.ly/2wiUHSv]
Further company coverage:  TESB.BR 

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