Brief: Ter Beke Revises Down 2019 Guidance

Whats Cooking NV

07/10/2019 12:58

Oct 7 (Reuters) - TER BEKE NV  TERB.BR :  
    * BASED ON ITS INITIAL ESTIMATES OF THE RECALL AND THE
TEMPORARY
CESSATION OF ACTIVITIES AT ITS UNIT, OFFERMAN AALSMEER, TER BEKE
CUTS ITS OUTLOOK, IN PARTICULAR THAT THE UNDERLYING EBITDA
RESULT FOR 2019 WOULD EXCEED THAT OF 2018
    * EXPECTED TOTAL IMPACT ON GROUP'S UNDERLYING EBITDA RESULT
FOR
2019 IS AT AROUND 10%
    * DUTCH HEALTH AUTHORITIES ORDERED A MAJOR RECALL OF
PROCESSED
MEATS FROM GROCERY STORES ON FRIDAY  urn:newsml:reuters.com:*:nL5N26P2EE  urn:newsml:reuters.com:*:nL5N26P3CO
    * OFFERMAN SAID IT HAD HALTED ALL MEAT-CUTTING AND PACKAGING
ACTIVITIES IN AALSMEER

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL1JnG2p
    
 Further company coverage:  TERB.BR  
   
    
    

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7720920;))