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RYOBI LTD Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Wednesday, 31 Jul 2013 12:00am EDT 

RYOBI LTD announced that it has decided to raise a consolidated mid-year outlook for revenue from JPY 89,500 million to JPY 93,000 million, operating profit from JPY 1,700 million to JPY 2,900 million, ordinary profit from JPY 1,200 million to JPY 2,800 million, net profit from JPY 800 million to JPY 1,900 million, and earnings per share from JPY 4.94 to JPY 11.74 , for the fiscal year ending March 31, 2014. The Company has also raised the consolidated full-year outlook for revenue from JPY 183,000 million to JPY 193,000 million, operating profit from JPY 4,000 million to JPY 5,500 million, ordinary profit from JPY 3,200 million to JPY 4,800 million, net profit from JPY 2,100 million to JPY 3,200 million, and earnings per share from JPY 12.97 to JPY 19.77, for the fiscal year ending March 31, 2014. The positive outlook is mainly due to improved business performance. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 181.50 billion, operating profit of JPY 4.90 billion and net income of JPY 2.74 billion. 

Company Quote

333.0
10.0 +3.10%
30 Jul 2014