Wednesday, December 10, 2008

Rhodia Group impacted by 'short notice cancellations'; revises 2008 outlook

French chemical company, Rhodia Group has revised its 2008 outlook amidst the 'very challenging macroeconomic environment.' The Group has revised its objectives for the full year 2008 and now expects its recurring EBITDA to be about 10% below the level achieved in 2007, thus impacting its EPS objective for the year.

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