Brief: Apetit Revises Its Estimate Of Operational EBIT For 2019

Apetit Oyj

16/09/2019 07:15

Sept 16 (Reuters) - Apetit Oyj  APETIT.HE :
    * PROFIT WARNING: APETIT REVISES ITS ESTIMATE OF OPERATIONAL
EBIT
FOR 2019
    * COMPANY NOW ESTIMATES THAT GROUP'S FULL-YEAR OPERATIONAL
EBIT
WILL BE BELOW COMPARABLE LEVEL (EUR -1.0 MILLION IN 2018)
    * DELIVERY VOLUMES IN GRAIN TRADE BUSINESS FOR END OF 2019
WILL BE
LOWER THAN PREVIOUSLY FORECASTED
    * RAPESEED RAW MATERIAL COSTS HAVE INCREASED
    * DELAY IN RESULT FOR FIRST HALF OF 2019 DUE TO POOR HARVEST
WILL
NOT BE CAUGHT UP
    * GROUP'S FULL-YEAR OPERATIONAL EBIT IS EXPECTED TO DECREASE
FROM
PREVIOUS YEAR (EUR -1.0 MILLION IN 2018)

Source text for Eikon:  ID:nWkr9ycXTs 
Further company coverage:  APETIT.HE 

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