AI assistant
Exel Composites Oyj Earnings Release 2019
3315_iss_2019-11-21_f580667c-ce18-4be4-91c0-a982dcdb3407.pdf
Earnings Release
Open in viewerOpens in your device viewer
Exel Composites Plc revises its outlook concerning adjusted operating profit for the full year 2019
EXEL COMPOSITES PLC INSIDE INFORMATION 21 NOVEMBER 2019 at 09:30 EET
Exel Composites revises its outlook concerning adjusted operating profit for the full year 2019 and expects adjusted operating profit to increase significantly compared to 2018. The outlook concerning revenue for 2019 remains unchanged.
The updated outlook is:
"Exel Composites expects revenue to increase and adjusted operating profit to increase significantly in 2019 compared to 2018."
The previous outlook was:
"Exel Composites expects revenue and adjusted operating profit to increase in 2019 compared to 2018."
Exel Composites publishes its Financial Statements Release for January-December 2019 on Tuesday 18 February 2020 at approximately at 09:00 EET.
Vantaa, 21 November 2019
Exel Composites Plc
Riku Kytömäki President and CEO
For further information, please contact: Riku Kytömäki, President and CEO tel. +358 50 511 8288
Mikko Kettunen, CFO tel. +358 50 347 7462 [email protected]
Distribution Nasdaq Helsinki Ltd Main news media www.exelcomposites.com
Exel Composites inbrief
Exel Composites, a global technology company headquartered in Finland, is the world's largest manufacturer of pultruded and pull-wound composite solutions.Our global manufacturing, R&D, and sales footprint serves customers across a broad range of industries and applications. With 60 years of composites experience and engineering expertise,we work closelywith our customers to design and manufacture high quality composite solutions using carbon fiber, fiberglass, and other highperformance materials.Our composites help reduce weight, improve performance, and decrease total life cycle costs, all while helping increase energy efficiencies and supporting environmental sustainability.
Exel Composites employs approximately 650 innovative and customer-focused employees around the world and is listed on the Nasdaq Helsinki exchange. To find out more about our offering and company please visitwww.exelcomposites.com.