Brief: Kempower Raises Its Earnings Outlook For 2023

Kempower Oyj

18/07/2023 15:13

July 18 (Reuters) - Kempower Oyj  KEMPOWR.HE :
    * OUTLOOK 2023 REVENUE; EUR 280–310 MILLION, ASSUMING NO
MAJOR
IMPACT FROM FOREIGN CURRENCY EXCHANGE RATES
    * OUTLOOK 2023 OPERATIVE EBIT MARGIN, %; OVER 10% (OPERATIVE
EBIT
MARGIN, % OUTLOOK PUBLISHED ON 14 APRIL 2023 WAS POSITIVE 5% -
10%)
    * IN H2 OF 2023 CO WILL ACCELERATE ITS GROWTH INITIATIVES
TOWARDS
YEAR 2024 BOTH IN EUROPE AND NORTH AMERICA
    * EXPECTS SIGNIFICANTLY HIGHER FIXED COSTS FOR SECOND HALF
OF YEAR
2023


Further company coverage:  KEMPOWR.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))