Brief: Honkarakenne Increases Its Profit Forecast For 2019

Honkarakenne Oyj

17/12/2019 13:16

Dec 17 (Reuters) - Honkarakenne Oyj  HONBS.HE :
    * REG-HONKARAKENNE INCREASES ITS PROFIT FORECAST FOR 2019
    * HONKARAKENNE ESTIMATES ITS 2019 RESULT BEFORE TAXES TO BE
SIGNIFICANTLY BETTER THAN A YEAR BEFORE
    * UPDATED OUTLOOK: IN HONKARAKENNE'S VIEW, NET SALES IN 2019
WILL
BE ON A PAR WITH 2018 AND PROFIT BEFORE TAXES WILL BE
SIGNIFICANTLY BETTER
    * PREVIOUS OUTLOOK WAS AS FOLLOWS: IN HONKARAKENNE'S VIEW,
NET
SALES IN 2019 WILL BE ON A PAR WITH 2018 AND PROFIT BEFORE TAXES
WILL BE BETTER
    * REASON FOR IMPROVED PROFITABILITY IS BETTER THAN EXPECTED
GROSS
MARGIN AND SUCCESSFUL COST MANAGEMENT

Source text for Eikon:  ID:nGNE6ZmwKQ 
Further company coverage:  HONBS.HE 

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