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Oriola Oyj — Earnings Release 2021
Jan 20, 2022
3278_rns_2022-01-20_ca4d9c3c-e9b2-4187-b3c8-6fd130227e1f.html
Earnings Release
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Oriola issues a positive profit warning and provides preliminary information on its year 2021 financial performance
Oriola issues a positive profit warning and provides preliminary information on its year 2021 financial performance
Oriola Corporation Insider Information 20 January 2022 at 8.30 a.m.
Oriola issues a positive profit warning and provides preliminary information on
its year 2021 financial performance
Oriola continued to improve its profitability during the last quarter 2021,
driven by rigorous turnaround actions and positive market demand.
Based on preliminary, unaudited information the company estimates that its net
sales in 2021 will be approximately EUR 1 880 million and adjusted EBIT in 2021
will be approximately EUR 26 million. Adjusted EBIT on constant currency will be
approximately EUR 25 million.
The adjusted EBIT was EUR 21 million in 2020.
The earlier outlook was published 18 February 2021, and repeated latest 27
October 2021:
The adjusted EBIT on a constant currency basis stays on the same level or
increases from the 2020 level.
Oriola will publish its financial statements for 2021 on February 18, 2022.
Oriola Corporation
Elisa Markula
CEO
Further information:
Elisa Markula
CEO
Tel. +358 50 596 0978
Email: [email protected]
Distribution:
Nasdaq Helsinki Ltd
Key media
Released by:
Oriola Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo
www.oriola.com