Brief: Componenta Raises Its Net Sales Guidance

Componenta Oyj

16/09/2021 13:40

Sept 16 (Reuters) - Componenta Corp  CTH1V.HE :
    * POSITIVE PROFIT WARNING: COMPONENTA RAISES ITS NET SALES
GUIDANCE, EBITDA GUIDANCE REMAINS UNCHANGED
    * EXPECTS NET SALES OF CONTINUED OPERATIONS IN 2021 TO BE
EUR
85-90 MILLION
    * EBITDA IS EXPECTED TO IMPROVE FROM PREVIOUS YEAR.
    * PREVIOUS GUIDANCE: EXPECTS NET SALES OF CONTINUED
OPERATIONS IN
2021 TO BE EUR 70-80 MILLION
    * PREVIOUS GUIDANCE: EBITDA IS EXPECTED TO IMPROVE FROM
PREVIOUS
YEAR
    * POTENTIAL INCREASE IN PRICES FOR RAW MATERIALS, GENERAL
ECONOMIC
AND COMPETITIVE SITUATION, AND DEVELOPMENT OF CUSTOMERS' SALES
VOLUMES MAY AFFECT BUSINESS OUTLOOK.
    * STRONG FIRST PART OF YEAR, CURRENT OUTLOOK FOR LATTER PART
OF
YEAR GIVES CO BASIS FOR GROWTH IN NET SALES AND EBITDA IN 2021

Source text for Eikon:  ID:nWkr4XQ1Y2 
Further company coverage:  CTH1V.HE 

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