COR&FJA AG Issues FY 2012 Turnover Guidance In Line with Analysts' Estimates and FY 2012 EBITDA Below Analysts' Estimates; Issues Turnover and Earnings Forecast for Next Few Years

COR&FJA AG announced that it has issued its fiscal year 2012 guidance. The Company expects its turnover to increase to EUR 145.0 million in the current financial year 2012. Compared to the turnover forecast for 2011 (EUR 135.0 million), this would mean an increase of rather more than 7%. Furthermore, the Company's operating result before amortization and depreciation (EBITDA) has been budgeted at EUR 9.0 million for the fiscal year 2012. The Company is expecting its target markets to develop positively and therefore anticipates a positive trend in turnover and earnings over the next few years. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of EUR 140.73 million and EBITDA of EUR 11.17 million for the fiscal year 2012, as well as revenue of EUR 146.80 million and EBITDA of EUR 13 million for the fiscal year 2013.