Trade Resources Company News Weinig Has Lowered Its Revenue Forecast for 2012 Amid The Worsening State of The Market

Weinig Has Lowered Its Revenue Forecast for 2012 Amid The Worsening State of The Market

23.11.2012 − Weinig has lowered its revenue forecast for 2012 amid the worsening state of the market as a whole. The company now expects to book consolidated group revenues of around €320m. This figure would be the same amount as last year. Weinig and Holz-Her, a company that it acquired in an asset deal that closed on 1 April, have delivered similar performances. Weinig, which specialises in machinery and plants to process solid timber, will likely generate full-year turnover of around €260m in 2012, the same as last year. Holz-Her, which focuses on processing wood-based panels, is expected to register stable revenues of around €60m.

 

 

Source: http://www.euwid-wood-products.com/news/miscellaneous/single/Artikel/weinig-projects-revenues-at-last-years-level.html
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Weinig Projects Revenues at Last Year’S Level
Topics: Construction