Dovre Group Oyj

Business and Financial Review • Jan 25, 2013

Disclosure 304183

Dovre Group Oyj - Company Announcement

DOVRE GROUP’S NEW STRATEGY FOR 2013 - 2017

Espoo, Finland, 2013-01-25 07:45 CET (GLOBE NEWSWIRE) -- Dovre Group Plc Stock Exchange Bulletin January 25, 2013 at 8:45am DOVRE GROUP'S NEW STRATEGY FOR 2013 - 2017 Dovre Group, a global provider of project management services and software, has renewed its strategy and updated its long-term financial objectives for 2013 - 2017. In accordance with the new strategy, Dovre Group will focus on providing project management services, covering project personnel and consulting, to the energy sector world-wide and aims to become the most advanced player in its field. The company's long-term financial objective is an operating profit margin on the level of 5-10% with an average annual net sales growth of more than 15%. Dovre Group's Project Personnel business area provides high quality professionals for major investment projects. Project Personnel business area aims to improve its competitiveness by building up state-of-the-art recruiting and service operations that utilize latest technologies. The Group's Consulting business area offers management and project management consulting services. The business area seeks growth especially in the renewable energy market with initial focus on biorenewables. The business area's expansion will be supported by selective acquisitions. Dovre Group presents the new strategy to the press and financial analysts in a briefing to be held upon the release of the Group's financial statements 2012 on Thursday, February 14, 2013. The briefing will be held at Event Arena Bank, Unioninkatu 20, Helsinki, on Thursday, February 14, 2013 at 11 am. The new strategy presentation can be found at www.dovregroup.com/investors/investors.html. For further information, please contact: Dovre Group Plc Janne Mielck, CEO Tel. +358 (0)20 436 2000 janne.mielck@dovregroup.com www.dovregroup.com Dovre Group is a global provider of project management services. Dovre Group has two business areas - Project Personnel and Consulting - and employs over 500 people worldwide. Dovre Group is listed on the NASDAQ OMX Helsinki (symbol: DOV1V). DISTRIBUTION: NASDAQ OMX Helsinki Plc Major media