Orion upgrades full-year outlook for 2012
(Thomson Reuters ONE) -
ORION CORPORATION STOCK EXCHANGE RELEASE 3 July 2012 at 3.35 P.M. EEST
Orion Corporation upgrades the full-year outlook estimate for 2012 provided in
the Financial Statement Release 2011 and published on 7 February 2012. The
company estimates that the full-year net sales and operating profit will be
higher than estimated in the previous outlook.
New full-year outlook estimate for 2012, provided on 3 July 2012
Net sales will be slightly higher than in 2011.
Operating profit will be slightly higher than in 2010.
The Group's capital expenditure will be about EUR 50 million excluding
substantial corporate or product acquisitions.
Previous full-year outlook for 2012, provided in Financial Statement Release
2011
Net sales will be at similar level to 2011.
Operating profit will be at similar level to 2010.
The Group's capital expenditure will be about EUR 50 million excluding
substantial corporate or product acquisitions.
Orion will publish the Interim Report January-June 2012 on Tuesday, 31 July
2012.
Orion Corporation
Timo Lappalainen Olli Huotari
President and CEO SVP, Corporate Functions
Contact person:
Jari Karlson, CFO, tel. +358 050 966 2883
Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo
www.orion.fi
Orion is a globally operating Finnish company developing pharmaceuticals and
diagnostic tests - a builder of well-being. Orion develops, manufactures and
markets human and veterinary pharmaceuticals, active pharmaceutical ingredients
and diagnostic tests. The company is continuously developing new drugs and
treatment methods. Pharmaceutical R&D focuses on central nervous system drugs,
oncology and critical care drugs, and Easyhaler(®) pulmonary drugs.
Orion's net sales in 2011 amounted to EUR 918 million and the company had about
3,400 employees. Orion's A and B shares are listed on NASDAQ OMX Helsinki.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Orion Oyj via Thomson Reuters ONE
[HUG#1623835]
Unternehmensinformation / Kurzprofil:
Datum: 03.07.2012 - 14:35 Uhr
Sprache: Deutsch
News-ID 162161
Anzahl Zeichen: 2771
contact information:
Town:
Espoo
Kategorie:
Business News
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