Brief: Exel Industries Sees Lower FY Revenue

Exel Industries SA

31/05/2018 05:00

May 31 (Reuters) - EXEL INDUSTRIES SA  EXEP.PA :
    * H1 CURRENT OPERATING INCOME EUR ‍​10.9 MILLION VERSUS EUR
15.1
MILLION YEAR AGO
    * H1 NET INCOME EUR 4.1 ‍​MILLION VERSUS EUR 8.4 MILLION
YEAR AGO
    * OUTLOOK IN SUGAR BEET HARVESTERS ACTIVITY STILL REMAINS
PROMISING THIS YEAR
    * IN SUGAR BEET HARVESTERS: FY DIVISIONAL PERFORMANCE IS
UNLIKELY
TO MATCH THAT OF 2016-2017
    * IN GARDEN SPRAYING AND WATERING SEGMENT, SEASON GOT OFF TO
A
LATE START
    * IN AGRICULTURAL SPRAYING, WE EXPECT LOWER FY SALES THAN
2016-2017
    * IN AGRICULTURAL SPRAYING IN USA, ACTION PLAN LAUNCHED A
FEW
MONTHS AGO SHOULD ENABLE RECOVERY IN H2
    * DELAY SEEN IN H1 MEANS THAT OUR FY REVENUE IS LIKELY TO BE
LOWER
THAN IN 2016-2017

Source text for Eikon:  ID:nGNE4whk4m 
Further company coverage:  EXEP.PA 

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