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BRIEF-Metric Mobility Solutions lowers its sales and earnings expectations for current FY
July 29, 2016 / 3:01 PM / a year ago

BRIEF-Metric Mobility Solutions lowers its sales and earnings expectations for current FY

July 29 (Reuters) - Metric Mobility Solutions AG :

* Change in stock exchange segments/reduced sales and earnings expectations

* To change stock exchange listing from prime standard of regulated market to general standard of regulated market of Frankfurt securities exchange

* Sees FY negative EBIT at least in upper single-digit millions range (previously: positive EBIT in lower single-digit millions range)

* Has lowered its sales and earnings expectations for current financial year

* Now anticipates FY sales revenues significantly down on previous year's level (previously: after currency adjustments, in lower single-digit percentage range above previous year's figure)

* Additional negative deviations from planning figures for sales realised are expected to arise in second half of year Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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