OKMETIC ADJUSTS ITS ESTIMATE FOR 2010

OKMETIC ADJUSTS ITS ESTIMATE FOR 2010

ID: 45911

(Thomson Reuters ONE) -


OKMETIC OYJ   STOCK EXCHANGE RELEASE  20 OCTOBER 2010     AT 8.00 A.M.

OKMETIC ADJUSTS ITS ESTIMATE FOR 2010

Okmetic adjusts its estimate of the net sales and operating profit for 2010. The
net sales of 2010 is estimated to be on the level of around 80 million euro
(previously around 75 million euro or slightly more). Operating profit for the
entire year is estimated to be around 12-14 percent of net sales (previously it
was estimated to be in accordance with the company's 10 percent long-term
objective). Silicon wafer demand is slowing down according to normal seasonal
variation in the last quarter of the year. Net sales and operating profit
estimates are based on the order intake. Reaching these estimates means that the
current positive market situation must not see any significant changes during
the last weeks of the year.


OKMETIC OYJ

Kai Seikku
President

For further information, please contact:

President Kai Seikku, Okmetic Oyj,
tel. +358 400 200 288, email: kai.seikku(at)okmetic.com

Distribution:

NASDAQ OMX Helsinki
Principal media
www.okmetic.com

OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise to
solar cell industry. Okmetic provides its customers with solutions that boost
their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.

Okmetic has a global customer base and sales network, production plants in




Finland and the US and contract manufacturers in Japan and China. Okmetic's
shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more
information on the company, please visit our website at www.okmetic.com.



[HUG#1453320]





OKME2210:
http://hugin.info/132025/R/1453320/393882.pdf




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(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: Okmetic Oyj via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 20.10.2010 - 07:01 Uhr
Sprache: Deutsch
News-ID 45911
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