Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Funkwerk AG Sells Funkwerk Dabendorf GmbH to novero Group; Adjusts FY 2012 Guidance


Monday, 17 Sep 2012 01:56pm EDT 

Funkwerk AG announced that it has sold its subsidiary Funkwerk Dabendorf GmbH to the novero Group, effective October 1, 2012. The total purchase price, divided into an immediately payable part and a performance-related part payable over the years 2013 to 2016, amounts to the low single-digit million range. Furthermore, the Company announced that it has adjusted its guidance for the fiscal year 2012. After the sale, the Company expects revenue of between EUR 143 million and EUR 148 million, and a slightly negative operating profit in the low single-digit million range. 

Company Quote

2.4
0.03 +1.27%
29 Jul 2014