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