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Asahi Group Holdings Ltd raises consolidated mid-year outlook for FY 2014

Tuesday, 22 Jul 2014 03:00am EDT 

Asahi Group Holdings Ltd:Says the company increased the consolidated mid-year outlook for revenue to 811,200 million yen from 795,000 million yen for FY ending Dec. 2014.Operating profit forecast increased to 43,600 million yen from 37,000 million yen.Ordinary profit forecast increased to 41,300 million yen from 33,500 million yen.Net profit forecast increased to 19,300 million yen from 13,500 million yen.Earnings per share increased to 41.57 yen from 29.21 yen.Comments the sales increase from brand reinforcement, effective utilization of fixed costs and improved investment income are the main reasons for the forecast. 

Company Quote

38.5 +1.05%
1:00am EST