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Componenta Oyj — Earnings Release 2007
Oct 12, 2007
3307_rns_2007-10-12_78e8e695-9c71-4ea4-9df3-d9e186a5fa6b.pdf
Earnings Release
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APONENTA
STOCK EXCHANGE RELEASE
12.10.2007 at 14.45
Development of currency rate and increase of interest rate decrease Componenta's result estimate
Componenta confirms that the Group's net sales increases and operating profit improves compared to the previous year. Due to strengthening of the Turkish lira and increase of the interest rate, the financial costs of Componenta are expected to be higher than estimated. The result after financial costs, excluding onetime items is expected to be approximately EUR 20 million.
Componenta's interim report 1 January - 30 September 2007 will be published on Tuesday, 16 October 2007 at 10.30.
Helsinki, 12 October 2007
COMPONENTA CORPORATION
Heikki Lehtonen President and CEO
Further information:
Heikki Lehtonen President and CEO tel. +358 10 403 00
Componenta is a metal sector company with international operations and production plants located in Finland, the Netherlands, Sweden, and Turkey. The pro forma net sales of Componenta exceeded EUR 602 million in 2006 and the Group employes about 5,100 people. Componenta's shares are quoted on the OMX Nordic Exchange in Helsinki. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment.
Componenta Corporation Panuntie 4 FI-00610 Helsinki . Finland Tel. +358 10 403 00 Fax +358 10 403 2721 http://www.componenta.com