World Duty Free SpA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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World Duty Free SpA Issues FY 2013 Revenues and EBITDA Guidance Above Analysts' Estimates
World Duty Free SpA (WDF) announced that it has issued the Company's revenues and EBITDA guidance for fiscal year 2013. For fiscal year 2013 Revenues are expected to be between EUR 2,060 million and EUR 2,080 million, including revenues from the recently acquired U.S. travel retail operations from HMSHost. WDF’s expected EBITDA for fiscal year 2013 is to be in the range of EUR 250 million to EUR 260 million. The contribution of the recently acquired U.S. travel retail operations is expected to be marginal (less than EUR 1 million for the remainder of the year) after some integration costs are taken into account. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for fiscal year 2013 revenues of EUR 1,955.93 million and EBITDA of EUR 240.61 million.
Latest Developments for World Duty Free SpA
- World Duty Free SpA accepts CEO resignation; approves extension contract with Heathrow; completes divestitures of non-core assets
- World Duty Free SpA says CEO Jose Maria Palencia Saucedo to leave within FY 2014 end
- World Duty Free SpA issues FY 2014 outlook in-line with estimates
- World Duty Free SpA approves merger of Spanish subsidiaries
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