United Kingdom

ALMEDIO raises consolidated full-year outlook for FY 2016

Tuesday, 26 Apr 2016 

ALMEDIO INC:Says the company increased the consolidated full-year outlook for revenue to 3,918 mln yen from 3,700 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 177 mln yen from 120 mln yen.Ordinary profit forecast increased to 154 mln yen from 116 mln yen.Net profit forecast increased to 121 mln yen from 95 mln yen.Earnings per share increased to 13.78 yen from 10.77 yen.Says recovery in demand of heater for solar power use as main reason for the forecast.