United Kingdom

ALMEDIO lowers consolidated full-year outlook for FY 2016

Monday, 1 Feb 2016 

ALMEDIO INC:Says the company lowered the consolidated full-year outlook for revenue to 3,700 mln yen from 3,880 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 120 mln yen from 176 mln yen.Sees a decrease of ordinary profit forecast to 116 mln yen from 164 mln yen.Sees a decrease of net profit forecast to 95 mln yen from 124 mln yen.Sees a decrease of earnings per share to 10.77 yen from 14.19 yen.Comments the decreased in order volume of core products as the main reason for the forecast.