Brief: Lehto And Citycon To Terminate Negotiations On Lippulaiva Shopping Center Deal

Lehto Oyj

31/10/2018 15:36

Oct 31 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: LEHTO AND CITYCON HAVE DECIDED TO TERMINATE NEGOTIATIONS OF THE AGREEMENT
FOR
CONSTRUCTION OF LIPPULAIVA SHOPPING CENTER
    * END OF NEGOTIATIONS DOES NOT HAVE SIGNIFICANT EFFECT ON LEHTO'S NET SALES AND OPERATING
PROFIT
IN YEAR 2018
    * END OF NEGOTIATIONS DOES NOT CHANGE FINANCIAL OUTLOOK PUBLISHED EARLIER BY LEHTO
    * AGREEMENT THAT WOULD SERVE BOTH CITYCON'S AND LEHTO'S TARGETS WAS NOT REACHED

Source text for Eikon:  ID:nWkr3Yldm8 
Further company coverage:  LEHTO.HE 

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