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Aimia Inc Lowers FY 2013 EBITDA Guidance-Conference Call

Thursday, 27 Jun 2013 08:00am EDT 

Aimia Inc announced that the adjusted EBITDA level, where the Company see a downward impact of around CAD50 million for fiscal 2013, with a recurring impact on adjusted EBITDA margins going forward, as the Company account for the adjustment to 11% breakage level. This will result in lowering fiscal 2013 guidance by CAD50 million from previous view of around CAD425 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $405 million for fiscal 2013. 

Company Quote

0.31 +2.33%
4:00pm EST