Brief: Fodelia Cuts Oultook For 2021

Fodelia Oyj

24/01/2022 12:34

Jan 24 (Reuters) - Fodelia Oyj  FODELIA.HE :
    * CUTS OULTOOK FOR 2021
    * 2021 PRELIM REVENUE AT ABOUT EUR 34 MILLION
    * NEGATIVE IMPACT FROM RAW MATERIAL AND PACKAGING COSTS
    * NOW SEES 2021 EBIT MARGIN AT ABOUT 3-4% AGAINST 5-8% SEEN
EARLIER
    * TARGETS MORE THAN EUR 100 MILLION IN 2026 IN REVENUE
    * LONG TERM TARGET OF EBIT MARGIN AT 8-10%
    * MAINTAINS DIVIDEND POLICY

Further company coverage:  FODELIA.HE 

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