Rapala VMC Corp Maintains FY 2013 Financial Guidance
Rapala VMC Corp announced that the Company's fiscal year 2013 financial guidance remains unchanged. The Company continues to expect its fiscal year 2013 sales (revenue) to increase from the fiscal year 2012 level, and comparable operating profit, excluding non-recurring items and mark-to-market valuations of operative currency derivatives, to be EUR 30 million plus or minus 10%. For the fiscal year 2012 the Company reported net sales of EUR 290.7 million. According to I/B/E/S Estimates analysts on average are expecting Rapala to report revenue of EUR 299.39 million for the fiscal year 2013.
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