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Consti Oyj — Earnings Release 2016
Oct 26, 2016
3306_rns_2016-10-26_21c328e5-2b8f-4220-a79a-6fdac8a57e9b.html
Earnings Release
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Consti estimates net sales for 2016 to be lower than previously expected
Consti estimates net sales for 2016 to be lower than previously expected
CONSTI GROUP PLC STOCK EXCHANGE RELEASE 26 OCTOBER 2016, at 2.30 p.m.
Consti estimates net sales for 2016 to be lower than previously expected
Consti specifies its net sales guidance for 2016, due to slower than anticipated
net sales realisation from order backlog during the second half of 2016. Also,
order intake for July-September 2016 will be delivered for the most part in
2017.
Consti now estimates its net sales to grow compared to 2015. Previously Consti
estimated its net sales to grow approximately 5-10 percent compared to 2015.
Consti's Interim Report January-September 2016 will be published on November
10(th) 2016.
CONSTI GROUP PLC
Further information:
Marko Holopainen, CEO, Consti Group Plc, Tel. +358 400 458 158
Esa Korkeela, CFO, Consti Group Plc, Tel. +358 40 730 8568
Distribution:
Nasdaq Helsinki Ltd.
Major media
www.consti.fi
Consti is a leading Finnish company concentrating on renovation and technical
services. Consti offers comprehensive building technology, pipeline renovation,
renovation contracting, façade renovation and other demanding construction and
maintenance services for residential and commercial buildings. In 2015, Consti
Group's net sales amounted to 256 million euro. It employs about 900
professionals in renovation construction and building technology.
Consti Group Plc is listed on Nasdaq Helsinki. The trading code is CONSTI.
www.consti.fi
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