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Ulric de Varens SA Issues FY 2012 Net Result Guidance Below Analysts' Estimates


Tuesday, 5 Feb 2013 12:08pm EST 

Ulric de Varens SA announced that it expects its full year 2012 net result to be close to that of full year 2011, despite the impact of a decrease in sales and non-recurring charges mainly linked to the restructuring of its store network. The Company reported full year 2011 net loss of EUR 1.87 million. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full year 2012 net loss of EUR 0.9 million. 

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