Business and Financial Review • Jul 10, 2014
Business and Financial Review
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(this is a translation of the Dutch press release issued by the company on the same date)
Holland Colours made a slow start into the new financial year.
As a result of currency fluctuations, especially in the US dollar, the still persistently volatile economic climate in the countries Holland Colours operates in, and order patterns, the turnover in the first quarter of the financial year 2014/2015 will be markedly lower than in the previous financial year.
As a result, the net result in the first financial quarter of 2014/2015 is expected to be considerably lower than last year.
Due to the persistently uncertain economic conditions and the sensitivity to macro economic tendencies, Holland Colours will not issue a forecast for the full financial year 2014/2015.
On August 15, 2014 Holland Colours will publish its Interim Statement over the first financial quarter of 2014/2015.
Holland Colours NV, July 10, 2014
The Management Board
Rob Harmsen Marco Kok Tineke Veldhuis - Hagedoorn
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