Wetteri PLC — Earnings Release 2025

Dec 18, 2024

Insider Information: Wetteri's Financial Guidance for 2025

Insider Information: Wetteri's Financial Guidance for 2025

Wetteri Plc Insider Information 18 December 2024 at 9:00

The entrepreneur-driven growth company in the automotive sector, Wetteri,
announces its financial guidance for 2025

Wetteri Plc's Financial Guidance for 2025

Revenue: EUR 510-540 million

Adjusted Operating Profit: EUR 9-11 million

Aarne Simula, CEO and President, Wetteri Plc:

"This year, the automotive market has been historically low, posing challenges
for the entire industry. However, according to the forecast group for the
automotive sector, the market has now bottomed out, and next year already shows
signs of recovery. Wetteri's acquisitions and expansion of brand representations
have strengthened our position and increased our market share in the overall
automotive market. Thanks to these actions, we look to 2025 with confidence and
anticipate a significantly better year."

More information

Aarne Simula, CEO, Wetteri Plc

Tel. +358 400 689 613, aarne.simula@wetteri.fi

Wetteri Plc - an entrepreneur-driven growth company in the automotive sector

Wetteri Plc is an entrepreneur-driven growth company in the automotive sector.
The company engages in the retail sales of passenger cars, commercial vehicles
and heavy vehicles, and produces maintenance and repair shop services for
vehicles, from passenger cars to heavy vehicles. Headquartered in Oulu, the
company has 50 locations in Finland. The company employs app. 1,000 people, of
whom around 76% work in maintenance and repair services. Wetteri promotes
digitalisation in the automotive sector and is an important player on the common
journey towards emission-free motoring. More information:
sijoittajat.wetteri.fi/en/