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Rizzoli Corriere Della Sera Mediagroup SpA lowers FY 2014 revenues outlook; confirms FY 2014 EBITDA outlook


Thursday, 31 Jul 2014 10:40am EDT 

Rizzoli Corriere Della Sera Mediagroup SpA:Says it forecasts that revenue for FY 2014 as a whole will be substantially stable compared to FY 2013, thus changing and lowering the guidance compared to the previous outlook for slight growth.Says the target of tripling FY 2014 EBITDA before non-recurring expense compared to FY 2013 is confirmed, also thanks to efficiency measures of over 70 million euros, exceeding the previously announced annual target of 50/60 million euros.FY 2014 revenues at 1,343 mln euros (2013: 1,315 mn euros)-Thomson Reuters I/B/E/S.