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AFI forecast adjusted downwards for third time

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Published in issue 48/2019
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The US flooring manufacturer Armstrong Flooring Inc. (AFI) of Lancaster, Pennsylvania, is meanwhile expecting an adjusted EBITDA of only 20-25m US$ in its current business year 2019. This is the third successive downward adjustment. The company had originally envisaged an adjusted EBITDA of 58-66m US$. After the first ...

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