date:Aug 29, 2014
luctuations and a Chinese government clampdown on conspicuous consumption weighed on revenue growth. Earnings before interest, taxes and some one-time items totaled 2.06 billion euro, the maker of Absolut vodka said. Analysts predicted 2.08 billion euro, the average of 18 estimates, according to data compiled by Bloomberg.
These are moderately disappointing results, James Edwardes Jones, an analyst at RBC Capital Markets, said in a note to clients. We believe that improving profitability is gea