AI assistant
Oriola Oyj — Earnings Release 2018
Nov 21, 2018
3278_iss_2018-11-21_1c5ca760-5b66-4b69-aacb-1d46ee78a258.html
Earnings Release
Open in viewerOpens in your device viewer
Disclosure 366291
Oriola Oyj - Inside information
Oriola Corporation revises guidance for 2018
Oriola Corporation Stock Exchange Release 21 November 2018 at 7:30 p.m. Oriola Corporation revises guidance for 2018 Oriola Corporation specifies its outlook and changes its guidance for 2018. Oriola estimates that the adjusted EBIT of continuing operations on constant currency basis is staying at the same level as 2017, mainly due to high operational costs in logistics in Sweden and Finland. Also, weak exchange rate has affected our comparable result negatively, as have the losses from Hehku chain. The new revised guidance for 2018 The adjusted EBIT of continuing operations on constant currency basis is estimated to stay on the same level as 2017. The 2017 adjusted EBIT from continuing operations was EUR 39.9 million. The earlier guidance published 13 February 2018 and repeated 1 November 2018 The adjusted EBIT of continuing operations on constant currency basis is estimated to increase from the 2017 level. Oriola Corporation Robert Andersson President and CEO Further information: Helena Kukkonen CFO Tel. +358 10 429 2112 Email: [email protected] Robert Andersson President and CEO Tel. +358 10 429 2109 Email: [email protected] Distribution: Nasdaq Helsinki Ltd. Key media Released by: Oriola Corporation Corporate Communications Orionintie 5 02200 Espoo www.oriola.com