Custom Solutions Announces Sales Results for the Second Half and Year Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ended September 30, 2015
For the second half of 2015, the company reported turnover of EUR 8.8 million, decreasing by 13.8% compared to the second half of 2014.
For the fiscal year ended 2015, the company expects that its financial results will exceptionally be negative due to the recognition of latent losses at September 30, 2015, despite a cash level that remains high. The group expects a net income close to that of 2014.