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VTG AG confirms EBITDA forecast and lowers revenue forecast for FY 2014


Thursday, 15 May 2014 01:30am EDT 

VTG AG:Confirms EBITDA forecast and adjusts the revenue forecast for FY 2014.Expects lower Group revenue of between 800 - 900 million euros for FY 2014 (previous forecast: 850 - 950 million euros).Says, as the Rail Logistics Division has comparatively small margins, the Group EBITDA forecast remains unchanged.Says however, the Executive Board expects EBITDA to be at the lower end of the forecast range of 188 - 200 million euros.FY 2014 EBITDA at 193.43 mln euros-Thomson Reuters I/B/E/S.FY 2014 revenues at 880.08 mln euros-Thomson Reuters I/B/E/S. 

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