Koninklijke DSM NV Updates Its FY 2013-2015 EBITDA Guidance Below Analysts' Estimates

Tuesday, 1 Oct 2013 04:56am EDT 

Koninklijke DSM NV announced that it has updated its earnings model by lowering the Company's fiscal year 2013 EBITDA guidance from EUR 1,357 million to EUR 1,345 million. The Company has also announced that its EBITDA guidance for fiscal year 2014 has been lowered from EUR 1,553 million to EUR 1,530 million and the EBITDA guidance for fiscal year 2015 has been lowered from EUR 1,683 million to EUR 1,625 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report: an EBITDA of EUR 1,354.40 million for fiscal year 2013, an EBITDA of EUR 1,527.42 million for fiscal year 2014 and an EBITDA of EUR 1,666.41 million for fiscal year 2015.