Brief: Efore lowers 2016 earnings forecast

Enedo Oyj

24/05/2016 13:00

May 24 (Reuters) - Efore Oyj  EFO1V.HE : 
    * Lowers its financial estimate for 2016  
    * Cuts outlook due to lower than forecasted demand during first half of the year and due to 
challenges in production 
    * Estimates its net sales of financial year 2016 to be lower than in previous year 
    * Sees 2016 results from operating activities without one-time items to be negative, but 
better than in previous year 
    * Previous financial estimate was: company estimates its net sales of financial year 2016 to 
be higher than 2015 
    * Previous financial estimate was: 2016 results from operating activities without one-time 
items to be positive 
    * Says target is to finalize outsourcing negotiations during Q3 2016 
 
 
Source text for Eikon:  ID:nHSU6ll7  
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