SHW AG Reports Earnings Results for the First Nine Months of Fiscal Year 2015; Provides Earnings Guidance for the Year 2015
Based on the current forecast for 2015, the Company continues to expect Group sales in the order of EUR 470 million compared to previous year EUR 430 million. With the achievement of the planned sales growth, the Company currently expects to reach Group earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) for fiscal year 2015 in the range of EUR 42 to EUR 46 million against previous projection EUR 46 million to EUR 50 million.