Pöyry's operating profit for 2010 estimated to decline clearly from 2009
(Thomson Reuters ONE) -
PÖYRY PLC Company Announcement 14 October 2010 at 9.00 a.m.
Based on current information, the Pöyry Group's operating profit for 2010,
excluding one-time items, is estimated to decline clearly from the comparable
figure in 2009. The Group's net sales for the full year 2010 are expected to
remain stable.
The main reasons behind the reduced outlook are:
- Delays in start-up of awarded major projects
- Delays in final project investment decisions
- Low activity level in certain markets
- Structural overcapacity especially in Finland
More details about the outlook will be issued in Pöyry's January-September
interim report, which will be published on 28 October 2010.
Previous Group level guidance issued on 21 April 2010:
Group sales for the full year 2010 are expected to remain stable or grow from
2009. The Group's operating profit is expected to remain stable compared with
2009 after inclusion of incremental business development expenses necessary to
accelerate growth in line with the Vision.
The outlook and comparison both refer to figures excluding one-time items.
PÖYRY PLC
Additional information by:
Heikki Malinen, President and CEO, Pöyry PLC, Finland
Contacts to Jaana Pihlajaniemi, tel. +358 10 33 22399
Johan Brink, CFO (acting), Pöyry PLC, Finland
Tel. +358 10 33 22183
Sanna Päiväniemi, Director, Investor Relations, Pöyry PLC, Finland
Tel. +358 10 33 23002
Pöyry is a global consulting and engineering company dedicated to balanced
sustainability. We offer our clients integrated management consulting, total
solutions for complex projects and efficient, best-in-class design and
supervision. Our in-depth expertise extends to the fields of energy, industry,
urban & mobility and water & environment. Pöyry has 7000 experts operating in
about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR
674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry
PLC: POY1V).
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.poyry.com
[HUG#1451813]
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: Pöyry Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 14.10.2010 - 08:00 Uhr
Sprache: Deutsch
News-ID 45519
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contact information:
Town:
Vantaa
Kategorie:
Business News
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