Brief: Lehto Group FY Preliminary Oper Loss EUR 24 Mln

Lehto Oyj

28/01/2022 06:12

Jan 28 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: LEHTO BOOKS LOSSES ON PROJECTS ON 2021
FINANCIAL STATEMENTS, OPERATING LOSS EUR -24 MILLION
    * ACCORDING TO UNAUDITED 2021 ACCOUNTS NET SALES DECLINED BY
20%
TO APPROXIMATELY EUR 435 MILLION
    * ACCORDING TO UNAUDITED 2021 ACCOUNTS OPERATING LOSS FROM
CONTINUING OPERATIONS WAS APPROXIMATELY EUR -24 MILLION.
    * SIGNIFICANT LOSSES FROM SIX BUSINESS PREMISES PROJECTS
    * WILL REPORT SWEDISH OPERATIONS AS DISCONTINUED OPERATIONS
IN
2021 FINANCIAL STATEMENTS
    * CLOSE DOWN OF SWEDISH BUSINESS DOES NOT HAVE A SIGNIFICANT
EFFECT ON CASH FLOW.

Source text for Eikon:  ID:nWkr4JDCDM 
Further company coverage:  LEHTO.HE 

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