Gerresheimer AG (GXIG.DE)
Wed, Oct 11 2017
Oct 11 Gerresheimer AG management on conference call:
* Says delivering Q4 orders is a challenge (Adds more details on outlook, shares)
BRIEF-Corning and Gerresheimer collaborate to deliver new Corning valor(tm) glass to the pharmaceutical packaging market
* Corning and Gerresheimer collaborate to deliver new corning valor(tm) glass to the pharmaceutical packaging market
FRANKFURT, July 13 Gerresheimer already has firm orders for 80 percent of what it expects to make in second-half sales in its U.S. glass business, Chief Executive Uwe Roehrhoff told reporters on Thursday, reiterating his optimism about the end of the year.
* Shares at 19-month lows, down 2.7 percent (Adds details on forecast, shares)
FRANKFURT, July 13 German drugs-packaging maker Gerresheimer said it expected business to pick up in the second half of this year after a second quarter that showed further evidence of caution by U.S. customers due to uncertainty over healthcare policy.