Balda expects to go red

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.