Brief: Etteplan Lowers Its Guidance For 2024

Etteplan Oyj

28/08/2024 08:23

Aug 28 (Reuters) - Etteplan Oyj  ETTE.HE :
    * ETTEPLAN RELEASES A PROFIT WARNING AND LOWERS ITS GUIDANCE
FOR
2024
    * LOWERS 2024 REVENUE AND EBIT GUIDANCE
    * REVENUE IS NOW ESTIMATED TO BE EUR 360-375 MILLION
    * 2024 EBIT NOW EXPECTED TO BE EUR 24-27 MILLION
    * LOWERING ITS PREVIOUS ESTIMATE OF 2024 REVENUE AND
OPERATING
PROFIT (EBIT) DUE TO WEAKER-THAN-EXPECTED MARKET DEMAND AND
BUSINESS DEVELOPMENT
    * PREVIOUS 2024 GUIDANCE: REVENUE EUR 375-390 MLN, EBIT EUR
28-30
MILLION

Source text for Eikon:  ID:nWkr1xYCh8 
Further company coverage:  ETTE.HE 

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