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Ahlers AG Comments on H2 FY 2012/2013 Guidance; Updates on FY 2012/2013 Forecast

Thursday, 11 Jul 2013 03:42am EDT 

Ahlers AG announced that it expects both sales revenues and earnings to pick up in the second half (H2) of the fiscal year 2012/2013 in spite of the discontinuation of Gin Tonic Woman. This forecast is based on incoming orders results and new retail spaces and, hence, growing Retail revenues. For the full fiscal year 2012/2013, the Management Board expects to more or less reach, or maybe slightly exceed, the revenue of EUR 7.3 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 7.19 million. 

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5:22am EDT