Ebit

Earnings before interest and taxes and excluding some hedging transactions, which K+S calls Ebit I, will increase to within a range of 950 million euros $1.4 million and 1.05 billion euros from 714.5 million euros in 2010, the Kassel, Germany-based company said in a statement today.

unknown title 2011

Europe's largest potash producer, said second-quarter operating profit excluding some hedging transactions, which K+S calls Ebit I, rose to 191.9 million euros from 138.9 million euros a year earlier.

unknown title 2011

Vestas said that in connection with the annual report for 2010, it will announce its expectations for revenue, Ebit margin and free cash flow for 2011.

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Earnings before interest and tax, or Ebit, rose 13% to 34.6 billion kroner, from 30.52 billion kroner in the same period a year earlier.

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Vestas declined to provide a forecast for Ebit margin and revenue for 2011 due to "high market uncertainty and the potential change in accounting policies."

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The Ebit figure was € 185 million, down from € 244 million a year ago.

Vestas to Cut 3,000 Jobs as Profit Falls Erik Durhan 2010

The company kept its 2011 earnings forecast and still expects revenue to reach €7 billion and its margin on earnings before interest and taxes, or Ebit, to be at 7%.

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The billions of dollars in accumulated losses have hurt the company's overall profitability, particularly after the business failed to achieve an already-delayed Ebit break-even target in 2009.

Hutchison Gets 3G Boost Polly Hui 2011

While the company's guidance was for a break-even Ebit for the January-to-June period, Ebit for the first half came in at €8 million.

Vestas Surges on Strong Earnings Katarina Gustafsson 2011

The world's top wind-turbine supplier maintained its revenue forecast for 2010 at € 6 billion with an earnings before interest and tax, or Ebit, margin of 5% to 6%.

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