Brief: Etteplan 2023 Profit Hit By Weakening Demand

Etteplan Oyj

18/01/2024 06:15

Jan 18 (Reuters) - Etteplan Oyj  ETTE.HE :
    * ETTEPLAN ISSUES A PROFIT WARNING: ACCORDING TO THE
PRELIMINARY
RESULT, ETTEPLAN'S REVENUE FOR 2023 IS ABOUT EUR 359 MILLION AND
THE OPERATING PROFIT (EBIT) IS ABOUT EUR 25.4 MILLION
    * REVENUE FOR 2023 IS ABOUT EUR 359 MILLION AND OPERATING
PROFIT
(EBIT) IS ABOUT EUR 25.4 MILLION
    * WORSE-THAN-EXPECTED PROFIT LEVEL WAS EFFECTED BY WEAKENING
OF
DEMAND SITUATION, HIGH NUMBER OF SICK LEAVES AT END OF YEAR AND
LARGER-THAN-EXPECTED NUMBER OF HOLIDAYS TAKEN AT CHRISTMAS TIME
    * IN ADDITION, RESULT WAS WEAKENED BY CORRECTIONS IN COSTS
BOOKINGS

Source text for Eikon:  ID:nWkr1gN0mm 
Further company coverage:  ETTE.HE 

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