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Provider: Reuters Investment Profile

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Kemira Oyj Maintains FY 2013 Financial Guidance and Medium-Term Financial Targets for FY 2016

Tuesday, 10 Sep 2013 02:00am EDT 

Kemira Oyj announced that the Company's fiscal year 2013 financial guidance remains unchanged. Revenue in local currencies and excluding divestments is expected to be slightly higher (0%-5%) in the fiscal year 2013 than in 2012, and operative EBIT is expected to be significantly higher (>15%) in the fiscal year 2013 than in 2012. For the fiscal year 2012 the Company reported revenue of EUR 2,240.90 million and EBIT of EUR 154.10 million. According to I/B/E/S Estimates analysts on average are expecting the Company to report revenue of EUR 2,268.81 million for the fiscal year 2013. Kemira also communicated that the Company maintains its medium-term financial targets for the fiscal year 2016 with revenue of between EUR 2.6 billion and EUR 2.7 billion, and EBITDA being 15% of revenue. 

Company Quote

0.32 +3.01%
22 Oct 2014