Brief: Lamor Corporation Lowers 2026 Revenue And Adjusted EBIT Guidance
30/09/2026 07:23
BRIEF-Lamor Corporation Lowers 2026 Revenue And Adjusted EBIT Guidance Sept 30 (Reuters) - Lamor Corporation Oyj LAMOR.HE:
SAID ON TUESDAY LAMOR LOWERS 2026 REVENUE AND ADJUSTED OPERATING PROFIT GUIDANCE
EXPECTS 2026 REVENUE OF EUR 65-75 MILLION, DOWN FROM PREVIOUS ESTIMATE OF EUR 80-92 MILLION
SEES 2026 ADJUSTED OPERATING PROFIT SIGNIFICANTLY BELOW 2025 LEVEL OF EUR 6.5 MILLION
SAYS REVISION PRIMARILY DUE TO DELAYED CUSTOMER DECISIONS IN MIDDLE EAST SHIFTING ORDERS TO 2027
SAYS GEOPOLITICAL TENSIONS IN STRAIT OF HORMUZ AND UKRAINE DELAYED PROCUREMENT AND LOGISTICS
SAYS REVENUE AND PROFITABILITY WEIGHTING TOWARDS SECOND HALF OF YEAR NOT EXPECTED TO MATERIALISE
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Further company coverage: LAMOR.HE
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