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Provider: Reuters Investment Profile

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Bigben Interactive SA Confirms FY 2013/2014 Sales and Current Operating Margin Guidance; Comments on Q3 2013/2014 Operating Profitability

Monday, 21 Oct 2013 12:03pm EDT 

Bigben Interactive SA announced that it maintains its fiscal year 2013/2014 targets of sales exceeding EUR 175 million (growth of more than 7 %) and of a current operating margin over 8%. The Company also announced that it expects to restore its operating profitability in the third quarter of fiscal year 2013 thanks to a concentration of sales on high margin products and a sales growth in excess of 10%. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013/2014 revenue of EUR 176.38 million.