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Pegas Nonwovens Q2 EBITDA slightly below forecast
August 29, 2013 / 6:17 AM / 4 years ago

Pegas Nonwovens Q2 EBITDA slightly below forecast

PRAGUE, Aug 29 (Reuters) - Czech synthetic textiles maker Pegas Nonwovens reported a 12.4 percent rise in second-quarter core profit on Thursday, thanks to rising prices of non-woven textiles.

Earnings before interest, tax, depreciation and amortisation (EBITDA) reached 9.099 million euros ($12.14 million) in the quarter, below a market forecast for 10.42 million euros.

$1 = 0.7496 euros Reporting by Jana Mlcochova; Editing by Mark Potter

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