German sparkling wine group Schloss Wachenheim's full-year sales and profit both fell short of expectations.
Schloss Wachenheim announced preliminary data showing that revenue for the fiscal year ending June 30 was €448.9 million (approximately $521.9 million), a year-on-year increase of 0.3%, falling short of the previously expected 3% growth. During the same period, earnings before interest and taxes (EBIT) were approximately €27.6 million, below the forecast range of €30 million to €33 million; net profit after tax was approximately €16.4 million, also below the forecast range of €18 million to €21 million.
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Source:Yahoo财经 · Source Link
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