U-SEA Bulk Shipping A/S
Full year guidance revised downwards
U-SEA Bulk Shipping A/S 27.10.2011 10:05 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- U-SEA Bulk Shipping A/S expects to achieve an EBITDA in the range of USD 1-5 million for 2011, a downwards adjustment from the existing EBITDA guidance previously set in the lower range of USD 11-18 million. The expected positive results for the second half of the year are dampened due to certain of our customers reducing their shipping programs in anticipation of the continued weakening of the global economy. News Source: NASDAQ OMX 27.10.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: U-SEA Bulk Shipping A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010246040 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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