17-Mar-2011 4:00 PM
Cimber Sterling drops to seven-month low on loss forecast
Analysis
Shares in Cimber Sterling plummeted 13% in trading yesterday, as the carrier announced it expects to make a loss of DKK125 million-145 million for FY2010/11. Cimber Sterling reported a EUR15.8 million loss for the three months ended 31-Dec-2010, reversing the EUR12.8 million profit it achieved in the previous corresponding period.
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