Brief: Altia Cuts Guidance For 2018

Anora Oyj

14/12/2018 15:06

Dec 14 (Reuters) - Altia Oyj  ALTIA.HE :
    * ALTIA LOWERS ITS GUIDANCE FOR 2018
    * ALTIA LOWERS ITS EARLIER GUIDANCE FOR COMPARABLE EBITDA IN 2018
    * ALTIA ESTIMATES THAT ITS COMPARABLE EBITDA IS EXPECTED TO BE BELOW LAST YEAR'S LEVEL
    * TO TAKE STEPS WITH FURTHER PRICE ADJUSTMENTS ON TOP OF ONGOING REVENUE MANAGEMENT AT
BEGINNING
OF YEAR
    * EARLIER FY COMPARABLE EBITDA WAS EXPECTED TO IMPROVE OR BE AT 2017 LEVEL
    * CHALLENGING OPERATING ENVIRONMENT PUT SOME ADDITIONAL PRESSURE ON ALTIA'S Q4 AND IMPACTED
PROFITABILITY MORE THAN ANTICIPATED

Source text for Eikon:  ID:nWkr8hfs4f 
Further company coverage:  ALTIA.HE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))