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Cavotec SA announces change in FY15 guidance

Cavotec SA announces change in FY15 guidance

Press Releases   •   Oct 19, 2015 08:15 GMT

Due to very challenging delivery schedules for 4Q15 the Board and Management of Cavotec SA have today issued new FY15 guidance of revenues between EUR 230 and 235 million and a somewhat reduced level of profitability compared to FY14. Previous guidance was for moderate FY15 revenue growth and a strengthening EBIT towards the second half of the year.