December 30, 2016 / 12:56 PM / 8 months ago

BRIEF-GfK sees significant decline in 2016 profitability

Dec 30 (Reuters) - GfK SE

* Says no indications of an amelioration of challenging competitive market in consumer experiences, ongoing start-up difficulties in the consumer choices sector in Q4

* Adjusted operating income margin to significantly decline in 2016

* Assumes that also 2017 will be impacted by a tough competitive environment

* Says management, supervisory boards recommend shareholders accept offer from KKR

* Price of 43.50 eur per share offered by KKR is adequateSource text: bit.ly/2iMIfpP Further company coverage:

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