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Olvi Oyj Earnings Release 2024

Oct 14, 2024

3280_iss_2024-10-14_dc15622a-70cc-4e23-ba4a-f198f663ffe5.html

Earnings Release

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Disclosure 451064

Olvi Oyj - Inside information

Inside information, positive profit warning: Olvi estimates the adjusted operating result to increase to EUR 78-84 million

Olvi plc Inside information 14 October 2024 at 12:15 pm Inside information, positive profit warning: Olvi estimates the adjusted operating result to increase to EUR 78-84 million Olvi Group's adjusted operating result for the year 2024 is estimated to be EUR 78-84 million. The measures to improve profitability have enabled a better operating result than previously expected. There are uncertainties around the estimate related to intensified competition especially in the Baltics and Belarus exchange rate development. In its half-year report published previously on 13 August 2024, the company has estimated Olvi Group's adjusted operating result for the 2024 financial year to be EUR 74-80 million. The company will comment on the financial development in connection with the Q3 interim report bulletin. More information: Olvi plc Patrik Lundell, CEO, tel. +358290 00 1050 Tiina-Liisa Liukkonen, CFO & CIO, tel. +358290 00 1050 Distribution: Nasdaq Helsinki Ltd Main media www.olvi.fi