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Scandinavian Brake Systems issues FY 2014 outlook and updates on dividend policy


Monday, 24 Mar 2014 09:43am EDT 

Scandinavian Brake Systems A/S:Expects FY 2014 revenue to be in the range of 1,000-1,100 million Danish crowns.Expects FY 2014 EBITDA to be at a level of 75-85 million crowns.Says the company's dividend policy is still suspended and there will be no dividend distribution proposes as long as subordinated loans run, which is up to June 30, 2015.