Euromicron AG Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Revises Earnings Guidance for the Full Year 2018
Due to the deviation in sales and earnings from the figures originally planned for the reporting period and in light of the additional structural adjustments planned in the fourth quarter of 2018, the company's Executive Board corrected its previous forecast for fiscal year 2018. Sales of EUR 310 million to EUR 330 million and an operating EBITDA margin of 2.0% to 4.0% are now expected for the full year. The original expectations were EUR 340 million to EUR 360 million for revenues, 4.0% to 5.0% for the operating EBITDA margin and up to EUR 2 million for special costs.