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Provider: Reuters Investment Profile
Provider: Wright Reports

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FirstFarms A/S Lowers FY 2012 EBIT Guidance

Wednesday, 6 Mar 2013 04:52am EST 

FirstFarms A/S announced that it has decided to lower its guidance for the fiscal year 2012. The Company now expects to report EBIT of between DKK -28 million and DKK -30 million for the fiscal year 2012, instead of the previously expected EBIT of between DKK -15 million and DKK -20 million. The downgrade is a result of a discovered fraud in the Bucharest office and disease pressure in livestock. 

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