Brief: Loihde Updates 2022 Outlook

Loihde Oyj

31/08/2022 06:29

Aug 31 (Reuters) - Loihde Oyj  LOIHDE.HE :
    * SPECIFIES ITS OUTLOOK FOR 2022 REGARDING REVENUE FROM
SECURITY
BUSINESS
    * GUIDANCE IS SPECIFIED DUE TO ACQUISITION OF SHARE CAPITAL
OF
TURVAKOLMIO GROUP OY ON 1 JUNE 2022 AND A MORE PRECISE MARKET
OUTLOOK FOR REMAINDER OF YEAR
    * AS FOR REVENUE FROM DIGITAL DEVELOPMENT AND GROUP'S
ADJUSTED
EBITDA, GUIDANCE REMAINS UNCHANGED
    * IN 2022, EXPECTS REVENUE FROM CONTINUING OPERATIONS IN
SECURITY
BUSINESS TO GROW ABOUT 15% AND REVENUE FROM CONTINUING
OPERATIONS IN DIGITAL DEVELOPMENT TO GROW MORE THAN 13%
    * GROUP'S ADJUSTED EBITDA IS ESTIMATED TO IMPROVE COMPARED
TO
2021, WHEN IT WAS EUR 4.3 MILLION


Further company coverage:  LOIHDE.HE 

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