Earnings Release • Aug 29, 2008
Earnings Release
Open in ViewerOpens in native device viewer
Copenhagen Stock Exchange A/S Nikolaj Plads 6 1007 Copenhagen K
RIAS A/S hereby announces that the expectations to the result for the year are reduced by DKK 3.5 millions, which consequently leads to an expected result before tax of DKK 15 – 16 millions against the previously announced DKK 18.5 – 19.5 millions.
The softening of the situation within the B&C Division, as mentioned in the Interim Report, has not taken place and a continuous decline in sales of the Company's products within this area is now seen.
Within the Industry division sales show a downward tendency and a further decrease is seen especially regarding the plastic products within the advertising segment.
As a consequence of the above mentioned various adjustments within the organization are presently being carried out in order to adapt to the present lower market level.
Roskilde, 29 August, 2008
Hans Christoffersen Henning Hess Vice Chairman CEO
RIAS A/S CVR- nr.: DK 44065118 Danske Bank A/S Industrivej 11 Telefon: +45 46 77 00 00 3429-3429142326 Postboks 179 Telefax: +45 46 77 00 10 Nordea Bank Danmark A/S DK-4000 Roskilde E-mail:[email protected] 2232-0280300020
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.