Analyst Research

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Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00

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F E Bording raises FY 2014 revenue outlook as result of acquisition of parts of Formula A/S


Thursday, 10 Apr 2014 06:15am EDT 

F E Bording A/S:Signs take over agreement with Formula A/S regarding Bording's acquisition of Formula's sales organization and specialty production in Vivild.Raises FY 2014 revenue expectations in connection with the acquisition.Estimates FY 2014 revenue to be of 600-630 million Danish crowns, against earlier expected 550-575 million crowns.Forecasts FY 2014 result before tax to be about 25 million crowns, against earlier expected 20-25 million crowns.FY 2014 revenue 586 million crowns-Thomson reuters I/B/E/S Estimates. 

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