Martela Oyj

Earnings Release • Aug 11, 2023

Disclosure 436036

Martela Oyj - Inside information

Martela's Outlook for 2023

Due to uncertainty in the market conditions which has lead to lower demand than anticipated Martela is lowering its 2023 Revenue and EBIT targets.

New guidance for 2023:

Martela anticipates its revenue to decrease slightly compared to previous year and operating result to be negative.

Previous guidance for 2023:

Martela anticipates its revenue to be on same level compared to previous year and operating result to be positive.

Martela Corporation

Ville Taipale

CEO

Further information

Ville Taipale, CEO Tel +358 50 557 2611

Distribution

NASDAQ Helsinki

Main news media

www.martela.com

Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”. Martela provides people centric workplaces where the users and their wellbeing are in the core. We focus on the Nordic countries, as the Nordic countries are forerunner in hybrid working environments with common open work culture background and needs.