Koninklijke DSM NV Updates Its FY 2013 EBITDA Guidance Above Analysts' Estimates

Tuesday, 5 Nov 2013 01:15am EST 

Koninklijke DSM NV announced that it expects an increase in EBITDA in fiscal year 2013 from the amount of EUR 1.1 billion realized in fiscal year 2012. Overall, based on current economic assumptions, the Company expects to move towards its fiscal year 2013 EBITDA target of EUR 1.4 billion. However, a certain combination of the economic factors, namely foreign exchange rates and Dutch crisis tax renewal, could result in an EBITDA for fiscal year 2013 of below EUR 1.35 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for fiscal year 2013 an EBITDA of EUR 1,351.31 million.