Brief: Honkarakenne Raises 2020 Profit Forecast

Honkarakenne Oyj

03/02/2021 08:31

Feb 3 (Reuters) - Honkarakenne Oyj  HONBS.HE :
    * HONKARAKENNE INCREASES ITS PROFIT FORECAST FOR 2020
    * ESTIMATES THAT IN 2020 ITS REVENUE (NET SALES) WILL BE HIGHER AND ADJUSTED PROFIT BEFORE
TAXES
WILL BE AT SAME LEVEL AS IN PREVIOUS YEAR
    * REASON FOR BETTER-THAN-EXPECTED DEVELOPMENT IS HIGHER-THAN-EXPECTED VOLUME TOWARDS END OF
YEAR
AND GROWTH OF RUSSIAN EXPORTS

Source text for Eikon:  ID:nGNE2wLDBX 
Further company coverage:  HONBS.HE 

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