Pöyry Oyj : Pöyry PLC: Pöyry reduces net sales outlook for 2013 - outlook for
operating profit remains unchanged
PÖYRY PLC Company Announcement 19 July 2013 at 1:45 p.m.
Pöyry has a solid pipeline of order prospects. Unexpected delays in
corresponding contract awards have, however, impacted the development of
revenues, particularly in the Industry sector where exceptionally large
projects had been recorded during the first half of 2012. Hence, contrary to
earlier estimates, the Group's net sales are likely to fall short of 2012.
Outlook for the Group's operating profit remains unchanged.
Current outlook for 2013:
The Group's net sales in 2013 are likely to fall short of 2012. Operating
profit is expected to increase. Operating profit 2013 is compared to 2012
numbers which exclude restructuring costs.
Outlook as published in the Financial Statements released 6 February 2013:
The Group's net sales in 2013 are expected to increase compared with 2012 and
operating profit in 2013 is expected to increase compared with the operating
profit excluding restructuring costs in 2012.
Pöyry's January-June 2013 result will be published on 24 July 2013 at 8:30
a.m. Finnish time.
Jukka Pahta, CFO
tel. +358 10 33 26088
Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and locally in our core
markets. We deliver strategic advisory and engineering services, underpinned
by strong project implementation capability and expertise. Our focus sectors
are power generation, transmission & distribution, forest industry, chemicals
& biorefining, mining & metals, transportation, water and real estate sectors.
Pöyry has an extensive local office network employing about 6,500 experts.
Pöyry's net sales in 2012 were EUR 775 million and the company's shares are
quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
NASDAQ OMX Helsinki
This announcement is distributed by Thomson Reuters on behalf of Thomson
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
information contained therein.
Source: Pöyry Oyj via Thomson Reuters ONE
Press spacebar to pause and continue. Press esc to stop.