Adesso AG Issues FY 2013 Revenue and EBIT Guidance Below Analysts' Estimates

Thursday, 28 Mar 2013 04:45am EDT 

Adesso AG (Adesso) announced that its Management Board and Supervisory Board will propose to the Annual General Meeting an unchanged dividend of EUR 0.18 per share for the fiscal year 2012. For the fiscal year 2013, Adesso is forecasting organic revenues to grow between 7% and 9%, to reach approximately EUR 130 million. The fiscal year 2013 operating earnings should reach the range from EUR 7.5 million to EUR 8.0 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 125.10 million and EBIT of EUR 3.90 million. 

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4 Mar 2015