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BRIEF-Altron sees FY HEPS down more than 40 pct
January 22, 2015 / 1:10 PM / 3 years ago

BRIEF-Altron sees FY HEPS down more than 40 pct

Jan 22 (Reuters) - Allied Electronics Corporation Ltd (Altron) :

* Headline EPS for financial year ending 28 February 2015 are expected to be more than 40% lower

* Basic EPS for financial year are expected to be more than 50% lower as against previous financial year

* Altron board has implemented a number of significant remediation initiatives to address these matters

* Altron performance hurt by difficult trading conditions, particularly by significant reduction in demand from certain key customers Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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