.
• Projected one-time gain of EUR 16-18 million following assumption of control of Japanese joint venture
• Revenue for 2013 up 4.3%; organic growth of 6.1%
• EBIT estimated at EUR 160-162 million; adjusted EBIT expected to be around EUR 146 million
• Outlook 2014: Revenue growth of 7-9% (5-7% organically), adjusted EBIT expected to rise to EUR 160-165 million
Automotive supplier ElringKlinger will generate a one-time gain of an estimated EUR 16-18 million having assumed control of the 50:50 joint venture ElringKlinger Marusan Corporation effective from December 31, 2013. This item will be included in its operating result for the 2013 financial jwgl.
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• Projected one-time gain of EUR 16-18 million following assumption of control of Japanese joint venture
• Revenue for 2013 up 4.3%; organic growth of 6.1%
• EBIT estimated at EUR 160-162 million; adjusted EBIT expected to be around EUR 146 million
• Outlook 2014: Revenue growth of 7-9% (5-7% organically), adjusted EBIT expected to rise to EUR 160-165 million
Automotive supplier ElringKlinger will generate a one-time gain of an estimated EUR 16-18 million having assumed control of the 50:50 joint venture ElringKlinger Marusan Corporation effective from December 31, 2013. This item will be included in its operating result for the 2013 financial jwgl.
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