Oriola Oyj — Earnings Release 2019

Jun 19, 2019

Disclosure 372910

Oriola Oyj - Inside information

Oriola Corporation revises guidance for 2019

Oriola Corporation Stock Exchange Release 19 June 2019 at 8:30 a.m. Oriola Corporation revises guidance for 2019 Oriola Corporation specifies its outlook and changes its guidance for 2019. Oriola estimates that the adjusted EBIT of continuing operations on constant currency basis will decrease from 2018 level. Adjusted EBIT is affected by the pharmacy market online transformation in Sweden, where consumer behavior is changing faster than expected from brick-and-mortar to online. Also, strong price competition lowers margins. In addition, slow ramp-up in the distribution center in Sweden is causing prolonged extra operational costs. The new revised guidance for 2019 The adjusted EBIT of continuing operations on constant currency basis is estimated to decrease from 2018 level. The 2018 adjusted EBIT from continuing operations was EUR 36.9 million. The earlier guidance published 22 February 2019, and repeated 26 April 2019 The adjusted EBIT of continuing operations on constant currency basis is estimated to increase from the 2018 level. Oriola Corporation Robert Andersson President and CEO Further information: Robert Andersson President and CEO Tel. +358 10 429 2109 Email: robert.andersson@oriola.com Helena Kukkonen CFO Tel. +358 10 429 2112 Email: helena.kukkonen@oriola.com Distribution: Nasdaq Helsinki Ltd. Key media Released by: Oriola Corporation Corporate Communications Orionintie 5 02200 Espoo www.oriola.com