Aspo amends guidance as a result of strong profit development
(Thomson Reuters ONE) -
ASPO Plc STOCK EXCHANGE RELEASE October 17, 2014 at 11:40
ASPO AMENDS GUIDANCE AS A RESULT OF STRONG PROFIT DEVELOPMENT
Aspo Plc amends its outlook for 2014. Based on the preliminary unaudited result
for the third quarter, the Board of Directors of Aspo has decided to amend
Aspo's full-year outlook for 2014.
Aspo's operating profit has continued to grow strongly within the EU area.
Regardless of the continuing political and economic uncertainty and the
significant decrease in currency values in Russia, Ukraine and other CIS
countries that are important markets to Aspo, net sales and profitability within
these regions have remained at a good level.
New guidance for 2014, issued on October 17, 2014: Aspo's operating profit will
increase significantly in 2014 compared to 2013 and amount to EUR 22-24 million
(operating profit for 2013: EUR 10.8 million).
Aspo's new, amended guidance does not include any positive non-recurring items.
Aspo announced on June 17, 2014, that it aims to list Leipurin Plc on the NASDAQ
OMX Helsinki stock exchange during the fourth quarter of 2014.
Previous guidance from August 4, 2014: Aspo's operating profit will increase
significantly in 2014 compared to 2013 and amount to EUR 17-20 million
(operating profit for 2013: EUR 10.8 million).
Aspo will publish its interim report for the third quarter on October 28, 2014,
at approximately 10:00 a.m.
Helsinki, October 17, 2014
ASPO Plc
Aki Ojanen
CEO
For further information, please contact:
Aki Ojanen, CEO Aspo Plc, +358 9 521 4010, +358 400 106 592, e-mail aki.ojanen
(a)aspo.com.
DISTRIBUTION:
Nasdaq Helsinki
Key media
www.aspo.com
Aspo is a conglomerate that owns and develops business operations in northern
Europe and emerging markets, focusing on demanding B-to-B customers. Our strong
company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat- aim to be
the market leaders in their sectors. They are responsible for their own
operations, customer relationships and the development of these. Together they
generate Aspo's goodwill. Aspo's Group structure and business operations are
continually developed without any predefined schedules.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Aspo Oyj via GlobeNewswire
[HUG#1863805]
Unternehmensinformation / Kurzprofil:
Datum: 17.10.2014 - 10:40 Uhr
Sprache: Deutsch
News-ID 344872
Anzahl Zeichen: 3031
contact information:
Town:
Helsinki
Kategorie:
Business News
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