Basware Corporation lowers the 2011 estimates
(Thomson Reuters ONE) -
Basware Corporation lowers the 2011 estimates
Basware Corporation stock exchange release, December 7, 2011 at 15:10
Basware Corporation has previously estimated that the net sales in 2011 will
grow over 5-9 percent and that the operating profit (EBIT) for 2011 is expected
to be 11,5-14,5 percent of net sales. The growth of Basware Corporation's net
sales are now estimated to be positive but below the previous estimate.
Operating profit (EBIT) is expected to be over 10 percent of net sales.
The change in net sales and operating profit guidance is based on significantly
lower than expected license sales in the fourth quarter.
For more information, please contact:
Basware Corporation
Esa Tihilä, CEO
Tel. +358 40 480 7098
Distribution:
NASDAQ OMX Helsinki Ltd
www.basware.com
This announcement is distributed by Thomson Reuters on behalf of
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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: Basware via Thomson Reuters ONE
[HUG#1569744]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 07.12.2011 - 14:08 Uhr
Sprache: Deutsch
News-ID 94737
Anzahl Zeichen: 1504
contact information:
Town:
Espoo
Kategorie:
Business News
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