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Components | December 27, 2011

Balda expects to go red

Balda AG adjusts forecast for the 2011 financial year downwards.

The Balda AG is expecting a slightly negative Group EBIT in the 2011 financial year. The EBIT will, contrary to the planning, not close 2011 with a slight profit. Write-downs that will be made in the annual financial statements will above all result in a negative EBIT. Taking into account these unplanned special effects, a negative EBIT in the low single-digit millions is expected.
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