Brief: Etteplan Q2 EBITA Rises To EUR 7.8 Million

Etteplan Oyj

11/08/2021 11:02

Aug 11 (Reuters) - Etteplan Oyj  ETTE.HE :
    * ETTEPLAN Q2 2021: STRONG AND PROFITABLE GROWTH
    * Q2 REVENUE EUR 75.0 MILLION VERSUS EUR 62.9 MILLION YEAR
AGO
    * Q2 OPERATING PROFIT (EBITA) IMPROVED BY 24 PER CENT AND
WAS EUR
7.8 (6.3) MILLION
    * Q2 EBITA EUR 7.8 MILLION VERSUS EUR 6.3 MILLION YEAR AGO
    * ETTEPLAN UPDATES ITS FINANCIAL GUIDANCE CONCERNING REVENUE
FOR
2021: REVENUE IN 2021 IS ESTIMATED TO BE EUR 295-315 MILLION.
    * UPDATES ITS FINANCIAL GUIDANCE CONCERNING REVENUE FOR 2021
    * REVENUE IN 2021 IS ESTIMATED TO BE EUR 295-315 MILLION.
    * WE INTEND TO CONTINUE TO ACTIVELY ASSESS NEW ACQUISITION
OPPORTUNITIES AND WE STRENGTHENED OUR ORGANIZATION DURING REVIEW
PERIOD TO SUPPORT UNORGANIC GROWTH AND REACHING OF OUR GROWTH
TARGET
    * GOING FORWARD, OUR CURRENT CFO PER-ANDERS GÅDIN WILL BE IN
CHARGE OF ACQUISITION PROCESSES AND BUSINESS DEVELOPMENT
    * 2021 GUIDANCE: REVENUE IN 2021 IS ESTIMATED TO BE EUR
295-315
MILLION
    * WE HAVE APPOINTED HELENA KUKKONEN AS OUR NEW CFO.
    * 2021 GUIDANCE: OPERATING PROFIT (EBIT) IN 2021 IS
ESTIMATED TO
BE EUR 25-28 MILLION
    * DEMAND WAS AT A GOOD LEVEL AND WE EXPECT THIS TO CONTINUE
DURING
REMAINDER OF YEAR
    * REVENUE IN 2021 IS ESTIMATED TO BE EUR 295-315 MILLION,
AND
OPERATING PROFIT (EBIT) IN 2021 IS ESTIMATED TO BE EUR 25-28
MILLION.

Source text for Eikon:  ID:nWkr5JZV1n 
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