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Provider : Reuters Investment Profile

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Rapala VMC Corp Confirms FY 2013 Financial Guidance

Tuesday, 22 Oct 2013 01:30am EDT 

Rapala VMC Corp announced that the Company's fiscal year 2013 financial guidance remains unchanged. The Company's fiscal year 2013 sales are expected to increase from the last year 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 295.16 million and EBIT of EUR 28.29 million.