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Consti Oyj — Earnings Release 2018
Oct 17, 2018
3306_rns_2018-10-17_891e9045-53d1-41ca-adc7-2b3f66af2c3a.html
Earnings Release
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Profit warning: Consti Group's operating result for July-September 2018 negative
Profit warning: Consti Group's operating result for July-September 2018 negative
CONSTI GROUP PLC STOCK EXCHANGE RELEASE 17 OCTOBER 2018, at 12.05 p.m.
Profit warning: Consti Group's operating result for July-September 2018 negative
Consti Group's operating result for July-September 2018 will be negative due to
weaker profitability than expected in project deliveries of technical
installations business included in Technical Building Services business area and
housing repair business included in Building Facades business area.
Consti Group's preliminary net sales for July-September 2018 amounts to EUR
78.9 million and preliminary operating result for July-September 2018 is EUR
-1.4 million. In 2017, Consti Group's net sales for July-September amounted to
EUR 77.8 million and operating result for July-September was EUR -0.8 million.
The Group's guidance for 2018 remains unchanged. The guidance is: The company
estimates that its operating result for 2018 will grow compared to 2017.
Consti Group Plc's Interim Report for January-September 2018 will be published
on Friday 26 October 2018 at 8:30 a.m. Finnish time (EET).
CONSTI GROUP PLC
Further information:
Esa Korkeela, CEO, Consti Group Plc, Tel. +358 40 730 8568
Joni Sorsanen, CFO, Consti Group Plc, Tel. +358 50 443 3045
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 2017, Consti
Group's net sales amounted to 300 million euro. It employs over 1000
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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