Key Developments: Gyldendal A/S (GYLDa.CO)
649.00DKK
17 May 2013
kr.-31.00 (-4.56%)
kr.680.00
kr.649.00
kr.649.00
kr.649.00
50
7
kr.949.00
kr.602.00
Latest Key Developments (Source: Significant Developments)
Gyldendal A/S Affirms FY 2013 Revenue and Operating Profit Guidance
Gyldendal A/S announced that the Company continues to expect to report fiscal year 2013 revenue and operating profit at the same level as in the fiscal year 2012. For the fiscal year 2012 the Company reported revenue of DKK 855.84 million and EBIT of DKK 48.17 million. According to I/B/E/S Estimates analysts on average are expecting the Company to report revenue of DKK 839.00 million and EBIT of DKK 49.00 million. Full Article
Gyldendal A/S Closes Online Stores and Opens Streaming Service with Storytel
Gyldendal A/S announced that it closes its online stores g.dk and eLounge.com and opens with the Swedish Storytel the commercial streaming service for audiobooks in Denmark. The Company has decided to limit its activities in online shopping for books. It is considered to be no longer strategically essential to own retail online, and market is estimated to become more competitive in the future. During the autumn of 2013, the Company closes the two online stores, g.dk and eLounge.com. Customer bases from the two stores will be transferred to gyldendal.dk from which the Group's titles will be marketed. The Company also acquired a minority interest in a newly established Danish subsidiary of Storytel, which is the Swedish provider of streamed audio books in subscription, and thus launches the first Danish commercial streaming service for audiobooks. The Danish company will be founded in April 2013, and the service will in May 2013 be opened in the Danish market. Storytel will include both the latest books and a catalog of older titles from both Gyldendal and Rosinante&Co and a number of Danish publishers. Full Article
Gyldendal A/S Issues FY 2013 Financial Guidance Below Analysts' Estimates; Proposes FY 2012 Dividend of DKK 20 per Share
Gyldendal A/S announced that it expects to report fiscal year 2013 revenue and pre-tax profit at the same level as in fiscal year 2012. The Company reported fiscal year 2012 revenue of DKK 856 million and fiscal year 2012 pre-tax profit of DKK 45 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of DKK 859 million and fiscal year 2013 pre-tax profit of DKK 71 million. The Company also announced that its Board of Directors proposes fiscal year 2012 dividend of DKK 20 per share to be approved by the Annual General Meeting. This is unchanged from fiscal year 2011. Full Article
Gyldendal A/S Lowers FY 2012 Pre-Tax Profit Guidance
Gyldendal A/S announced that it has changed its fiscal year 2012 profit before tax guidance to a surplus of approximately DKK 45 million. Previously, the Company expected fiscal year 2012 operating earnings at the same level as in fiscal year 2011, when profit before tax and non-recurring income from the sale of shares was DKK 64 million. The change is due to transition in education from analog to digital learning materials, which results in a greater deferral of income from fiscal year 2012 to subsequent years than expected, and that sales in the fourth quarter of 2012 on the private market did not live up to expectations. Full Article
Gyldendal A/S Maintains FY 2012 Financial Guidance
Gyldendal A/S announced that it has maintained its fiscal year 2012 financial guidance. The Company still expects to report fiscal year 2012 revenue and operating profit at the same level as in fiscal year 2011. The Company reported fiscal year 2012 revenue of DKK 885.54 million and fiscal year 2011 operating profit (EBIT) of DKK 73.05 million. Full Article
Gyldendal A/S Maintains FY 2012 Financial Guidance
Gyldendal A/S announced that it still expects to report fiscal year 2012 revenue and fiscal year 2012 operating profit at the same level as in fiscal year 2011. Full Article
Gyldendal A/S Maintains FY 2012 Financial Guidance
Gyldendal A/S announced that it still expects to report fiscal year 2012 revenue and fiscal year 2012 operating profit at the same level as in fiscal year 2011. In fiscal year 2011, the Company reported revenue of DKK 885.54 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of DKK 886 million. Full Article
Gyldendal A/S Issues FY 2012 Financial Guidance In Line With Analysts' Estimates; Proposes Dividend Payment of DKK 20 Per Share for FY 2011
Gyldendal A/S announced that it expects to report fiscal year 2012 revenue and profit before tax at the same level as it was reported in the fiscal year 2011. In the fiscal year 2011 the Company reported revenue of DKK 885,5 million and profit before tax in the range of DKK 70.8 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of DKK 886 million and fiscal year 2012 profit before tax in the range of DKK 65 million. The Company has also announced that it has proposed to pay a dividend of DKK 20 per share for the fiscal year 2011. Full Article
Gyldendal A/S Confirms FY 2011 Guidance
Gyldendal A/S announced that it still expects to report revenue of approximately DKK 900 million and pre-tax profit of approximately DKK 65 million for the fiscal year 2011. Full Article
Gyldendal A/S Confirms FY 2011 Guidance-Reuters
Reuters reported that Gyldendal A/S has confirmed its guidance for the fiscal year 2011. The Company still expects to report revenue of approximately DKK 900 million and pre-tax profit of approximately DKK 65 million for the fiscal year 2011. Full Article
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