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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: Wright Reports

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Glunz & Jensen A/S Lowers FY 2012/2013 Financial Guidance

Thursday, 18 Apr 2013 08:05am EDT 

Glunz & Jensen A/S announced that in connection with developments in Q3 2012/2013 and economic crisis in Europe, the Company has decided to downgrade its fiscal year 2012/2013 financial guidance. Glunz & Jensen expects its fiscal year 2012/2013 revenue to be in a range of between DKK 355 million and DKK 375 million, compared to previously estimated result of between DKK 360 million and DKK 390 million, and estimates its fiscal year 2012/2013 operating result (EBITA) to be in a range of DKK 26 million and DKK 28 million against previously forecasted result of between DKK 35 million and DKK 38 million. 

Company Quote

-2.1 -4.68%
5:00am EDT