Despite 23 percent fall in EBIT, Ahlers confirms full year outlook

At the nine-month stage, Ahlers said, sales revenues of the continued brands were stable but due to the discontinuation of the Gin Tonicand private label-business total revenues declined by 2.6 percent from previous year’s 184.5 million euros (219 million dollars) to 179.7 million euros (213 million dollars). Due to the shift in revenues, earnings also remained below the prior year level at the nine-month stage. Earnings before interest and taxes (EBIT) declined by 23 percent to 6.7 million euros (7.9 million dollars), while earnings after taxes were down by 20 percent to 4.1 million euros (4.8 million dollars).