Reka Industrial Oyj

Earnings Release • Oct 5, 2022

Inside information: Reka Industrial Plc revises its guidance for 2022, EBITDA is expected to improve

5.10.2022 09:00:00 EEST | Reka Industrial Oyj | Inside information

5.10.2022 09:00:00 EEST | Reka Industrial Oyj | Inside information

Inside information: Reka Industrial Plc revises its guidance for 2022, EBITDA is expected to improve

The new guidance is: "In 2022 EBITDA (EUR million) is expected to improve, provided that predominant conditions due COVID-19 pandemic and the geopolitical situation will not substantially affect to the company's capability to deliver. EBITDA will also be affected to what extent and how quickly we are able to pass on the continuous increase in costs to sales prices as well as metal price fluctuations."

The earlier guidance was: "In 2022 EBITDA (EUR million) is expected to remain at the same level or improve, provided that predominant conditions due COVID-19 pandemic and the geopolitical situation will not substantially affect to the company's capability to deliver. EBITDA will also be affected to what extent and how quickly we are able to pass on the continuous increase in material costs to sales prices as well as metal price fluctuations."

Reka Industrial Plc will publish its Interim report for Q1-Q3/2022 on Thursday 20 October 2022.

Hyvinkää 5 October, 2022

Reka Industrial Plc

Jukka Poutanen Managing Director

Additional information:

Jukka Poutanen, Managing Director, tel. +358 40 833 9007

About Reka Industrial Plc

Reka Industrial is involved in the transition of both the energy and transport industries. As an industrial family company, we are committed to developing the performance and sustainability of the companies we own. The market is growing and we along with it. Reka Industrial class B shares are listed on the Nasdaq Helsinki Ltd.

www.rekaindustrial.fi/en

Contacts

Jukka Poutanen, Managing Director, +358 40 833 9007, jukka.poutanen@reka.fi

Attachments

Download announcement as PDF.pdf