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Provider: Thomson Reuters Stock Report
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AVEX GROUP HOLDINGS INC lowers consolidated full-year outlook for FY 2014


Wednesday, 30 Apr 2014 02:00am EDT 

AVEX GROUP HOLDINGS INC:Lowered the consolidated full-year outlook for revenue to 156,900 million yen from 161,000 million yen for the fiscal year ended March 2014.Sees a decrease of operating profit forecast to 10,400 million yen from 12,000 million yen.Sees a decrease of ordinary profit forecast to 11,200 million yen from 12,800 million yen.Sees a decrease of net profit forecast to 6,700 million yen from 8,500 million yen.Sees a decrease of earnings per share to 159.33 yen from 202.37 yen.FY 2014 revenues of 156.94 billion yen, reported net profit of 6.79 billion yen – Thomson Reuters I/B/E/S.Comments the lower than expected revenue of Video Business is the main reason for the forecast.Year-end dividend forecast of 25 yen per share, in line with the latest forecast. 

Company Quote

1540.0
-7.0 -0.45%
24 Oct 2014