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Indesit Company SpA Issues FY 2013 Revenues and EBIT Guidance Below Analysts' Estimates

Wednesday, 24 Jul 2013 07:21am EDT 

Indesit Company SpA announced that it has issued the Company's fiscal year 2013 revenues and EBIT guidance. The Company expects to report for fiscal year 2013 sales down 3-4% compared to fiscal year 2012 and an operating margin (adjusted EBIT) of approximately 3-3.3% of sales. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report for fiscal year 2013 revenues of EUR 2,881.20 million, while for fiscal year 2012 the Company reported revenues of EUR 2,886.00 million, and EBIT for fiscal year 2013 of EUR 102.25 million.