Picanol Group confirms outlook for 2019
(WorldNews Belgium)

PRESS RELEASE Regulated information Ieper, November 21, 2019 - 8:00 am CET PICANOL GROUP CONFIRMS OUTLOOK FOR 2019 In line with the previously announced forecast, Picanol Group confirms that it anticipates for the second half of 2019 a further negative impact of the current uncertain macroeconomic climate, whereby the slowdown in the global machine market will not be compensated by the segments of Tessenderlo Group. For the full financial year 2019, Picanol Group expects Adjusted EBITDA to be lower than that of 2018....