KBA Reports Sales, Earnings Targets for 2013 No Longer Attainable
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Given reduced sales, anticipated extraordinary expenses for impairments and restructuring measures, it is likely that KBA will post a loss for 2013. Excluding the special items mentioned, management continues to target a positive operating result and balanced Group earnings before taxes.
KBA will publish the interim report on the third quarter including further details on November 11.
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- Companies:
- KBA North America
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