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News Breaks
March 5, 2013
08:47 EDTFOEFerro sees FY13 adj. EPS 25c-30c, consensus 27c
The expected increase in earnings compared with 2012 will be driven primarily by initiatives now underway that are expected to generate $25M-$30M of cost savings in 2013 and the exit from the solar pastes business. The expected improvements in the Company's cost structure will be partially offset by inflation and the normalization of incentive compensation.
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