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Armtec Infrastructure Inc Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates; Comments On FY 2013 EBITDA Guidance

Monday, 13 May 2013 05:13pm EDT 

Armtec Infrastructure Inc announced that for fiscal 2013, it expects revenue to be slightly favourable over fiscal 2012 levels and as the business is realigned, a slight increase over 2012 selling, general and administrative cost levels may be realized. Management expects that ongoing improvements in performance will more than offset the higher organizational costs, delivering improved EBITDA results in fiscal 2013. The Company reported revenue of $457 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $471 million and EBITDA of $49 million for fiscal 2013. 

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