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Alk Abello A/S raises FY 2014 financial guidance


Thursday, 8 May 2014 02:00am EDT 

Alk Abello A/S:Due to better than expected performance in Q1 2014, outlook for FY 2014 is adjusted.Sees FY 2014 revenue, including milestone payments to equal about 2.4 bln Danish crowns before future income streams from product supply and sales royalties from SLIT-tablets in North America.Says previously expected FY 2014 revenue between 2.15 bln crowns and 2.2 bln crowns before milestones and any other contribution from SLIT-tablets in North America.Sees FY 2014 EBITDA at about 425 mln crowns before special items and future income from product supply and sales royalties in North America.Says previously expected FY 2014 EBITDA up to 400 mln crowns.FY 2014 revenue of 2,431.91 mln crowns and FY 2014 EBITDA of 430.38 mln crowns - Thomson Reuters I/B/E/S. 

Company Quote

760.0
13.0 +1.74%
21 Aug 2014