A.S. Création Tapeten AG Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Revises Consolidated Earnings Guidance for the Year 2019
The Managing Board expects consolidated sales revenues for the full year 2019 to come in at the upper end of the previously announced range of EUR 135 million to EUR 140 million. Because of the positive development, the Managing Board also expects earnings to improve in the fiscal year 2019. Adjusted for extraordinary effects, earnings before interest and taxes are expected to amount to between EUR 2 million and EUR 3 million, with earnings after taxes expected to total between EUR 11 million and EUR 12 million.