Bertelsmann AG, Europe's largest media company, cut its earnings forecast for the second time in three months. Earnings before interest, taxes and one-time charges or gains will decline 5 percent to 10 percent this year, the Guetersloh, Germany-based company said in an e-mailed statement today. In August, Bertelsmann forecast earnings on that level would be ``slightly'' lower, compared with a previous prediction of ``on par or slightly above'' the 2007 level.
Tuesday, November 11, 2008
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment