Connect Group NV Reports Earnings Results for the Third Quarter of 2014; Provides Sales Guidance for the Second Half of 2014 and Full Year 2014
The company reports that sales are expected to fall by about 10% in the second half of 2014 compared with the first half of 2014 which was EUR 64.8 million. The lower than expected sales and the implementation of a number of restructuring measures that have been decided will impact the results. The group expects to end the year with a small net loss.