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Provider: Reuters Investment Profile
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Provider: Thomson Reuters StreetEvents
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Arkema SA Issues H2 2013, Q3 2013 and Q4 2013 EBITDA Guidance in Line with Analysts' Estimates; Confirms FY 2016 Revenue and EBITDA Margin Guidance


Thursday, 1 Aug 2013 01:00am EDT 

Arkema SA announced that it expects to achieve in the second half of fiscal year 2013 an EBITDA similar to the record level of the second half of fiscal year 2012. Compared to fiscal year 2012, the third quarter 2013 EBITDA should be lower than the high reference of last year and the fourth quarter 2013 stronger. The Company also confirmed its ambition for fiscal year 2016 to achieve EUR 8 million revenue and 16% EBITDA margin while maintaining gearing below 40%. The Company reported EBITDA of EUR 266 million for the third quarter of fiscal year 2012 and EUR 171 million for the fourth quarter of fiscal year 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report EBITDA of EUR 259.27 million for the third quarter of fiscal year 2013 and EBITDA of EUR 203.73 million for the fourth quarter of fiscal year 2013. 

Company Quote

76.61
-0.45 -0.58%
17 Apr 2014