Brief: Honkarakenne Lowers Its Market Guidance For Year 2018

Honkarakenne Oyj

19/12/2018 07:09

Dec 19 (Reuters) - Honkarakenne Oyj  HONBS.HE :
    * REG-HONKARAKENNE LOWERS ITS MARKET GUIDANCE FOR YEAR 2018
    * VIEW IS THAT NET SALES WILL BE HIGHER THAN IN PREVIOUS
YEAR AND
PROFIT BEFORE TAXES WILL BE POSITIVE IN 2018
    * HONKARAKENNE - REASON FOR LOWER THAN EXPECTED FINANCIAL
PERFORMANCE IS DECREASE IN SALES VOLUME IN RUSSIA AND LOWER THAN
EXPECTED PROFITABILITY IN FINLAND
    * HONKARAKENNE - PREVIOUS OUTOOK: FY NET SALES TO BE HIGHER
AND
PROFIT BEFORE TAXES WILL BE BETTER THAN IN PREVIOUS YEAR

Source text for Eikon:  ID:nGNEbqRFM7 
Further company coverage:  HONBS.HE 

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