Brief: Kempower Decreases Its Guidance For Q1

Kempower Oyj

22/03/2024 12:50

March 22 (Reuters) - Kempower Oyj  KEMPOWR.HE :
    * INSIDER INFORMATION, NEGATIVE PROFIT WARNING: KEMPOWER
DECREASES
ITS GUIDANCE FOR Q1 2024 –MAINTAINS ITS GUIDANCE FOR THE FULL
YEAR 2024
    * DECREASES GUIDANCE FOR Q1 2024 DUE TO POLITICAL STRIKES
AFFECTING TRANSPORTATION AND ALSO POSTPONEMENT OF CUSTOMER
DELIVERIES FROM Q1 2024 TO Q2 2024
    * GUIDANCE FOR Q1 2024: ESTIMATES REVENUE TO BE
SIGNIFICANTLY
BELOW Q1 OF 2023 AND OPERATIVE EBIT TO BE SIGNIFICANTLY NEGATIVE
DURING Q1 OF 2024
    * PREVIOUS ESTIMATED Q1 REVENUE TO BE BETWEEN EUR 51 – 56
MILLION
AND OPERATIVE EBIT TO BE SIGNIFICANTLY BELOW THE Q1 OF 2023

Source text: https://mfn.se/nir/a/kempower/insider-information-negative-profit-warning-kempower-decreases-its-guidance-for-q1-2024-maintains-its-guidance-for-the-full-year-2024-d9623193
Further company coverage:  KEMPOWR.HE 

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