Analyst Research

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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData

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GfK SE issues FY 2014 outlook with sales below analysts' estimates and gives FY 2015 and FY 2016 outlook

Tuesday, 11 Mar 2014 08:00pm EDT 

GfK SE:Expects for FY 2014 organic growth of between 1 and 2 pct as well as margin of between 12 and 12.5 pct.Expects for FY 2015 stronger organic growth above that of market, meaning increase in market share.Intends to continue growing faster organically than market in FY 2016.Aim is to then achieve margin of between 14 and 15 pct.FY 2013 sales of 1,494.8 million euros.FY 2014 revenue estimate 1,527 million euros - Thomson Reuters I/B/E/S.FY 2015 revenue estimate 1,596 million euros - Thomson Reuters I/B/E/S.FY 2016 revenue estimate 1,709 million euros - Thomson Reuters I/B/E/S. 

Company Quote

-0.155 -0.44%
25 Jul 2014