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Photonstar Led Group PLC Comments On H2 2013 Guidance And FY 2013 EBITDA Guidance


Thursday, 18 Jul 2013 02:00am EDT 

Photonstar Led Group PLC announced that it expects sales revenue to be weighted towards the second half of 2013, driven by seasonal increases in construction activity in both domestic and particularly export markets. The Board is therefore confident that PhotonStar, will continue to grow in the second half of 2013, driven by the lighting market's continuing transition to LED lighting. The Board expects growth in the second half of 2013 and to be EBITDA breakeven in fiscal 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of GBP1.00 million for fiscal 2013. 

Company Quote

4.75
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23 Oct 2014