June 20 (Reuters) - Lehto Group Oyj LEHTO.HE :
* LEHTO GROUP PLC: LEHTO AND THE CITY OF VANTAA ARE
TERMINATING
CONTRACTS FOR THE CONSTRUCTION OF TIKKURILA'S MULTI-SPACE OFFICE
BUILDING
* IN ITS JANUARY-MARCH 2022 BUSINESS REVIEW, LEHTO SAID THAT
COMPANY IS IN NEGOTIATIONS TO TERMINATE SOME BUSINESS PREMISES
PROJECTS DUE TO SIGNIFICANTLY INCREASED MATERIAL COSTS.
* ESTIMATED FINANCIAL EFFECTS RELATED TO TERMINATION OF
AGREEMENT
HAVE BEEN TAKEN INTO ACCOUNT IN COMPANY'S PREVIOUSLY PUBLISHED
FINANCIAL OUTLOOK FOR 2022
* COMPANY IS CONTINUING NEGOTIATIONS WITH CITY OF VANTAA ON
DETAILS OF TERMINATION.
Source text for Eikon: ID:nWkr1QlQt4
Further company coverage: LEHTO.HE
(Gdansk Newsroom)
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