Sept 19 (Reuters) - Lamor Corporation Oyj LAMOR.HE:
INSIDE INFORMATION, PROFIT WARNING: LAMOR LOWERS REVENUE GUIDANCE FOR 2025, PROFITABILITY GUIDANCE REMAINS UNCHANGED
REVENUE IS EXPECTED TO DECREASE COMPARED TO PREVIOUS YEAR (2024: EUR 114.4 MILLION)
ADJUSTED OPERATING PROFIT IS EXPECTED TO INCREASE COMPARED TO PREVIOUS YEAR (2024: EUR 6.4 MILLION)
REGARDING PROFITABILITY, COMPANY MAINTAINS ITS PREVIOUS GUIDANCE
GUIDANCE IS BASED ON EXISTING ORDER BACKLOG, KNOWN TENDERS AND OFFERS SUBMITTED, MANAGEMENT'S VIEW ON MARKET DEMAND, CUSTOMER DECISION-MAKING TIMELINE
ACHIEVING REVENUE GUIDANCE REQUIRES A STRONG ACCUMULATION OF NEW ORDERS IN Q3
DRIVEN BY LEVEL OF REVENUE, OPERATING PROFIT IS EXPECTED TO BE BELOW COMPARISON PERIOD IN Q3 AND EXCEED IT IN Q4
Source text: ID:nMFN5RSxHG
Further company coverage: LAMOR.HE
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