Brief: Lassila & Tikanoja expects 2017 operating profit below 2016 level
13/06/2017 06:00
June 13 (Reuters) - LASSILA & TIKANOJA OYJ LAT1V.HE :
* LASSILA & TIKANOJA PLC CHANGES ITS OUTLOOK FOR 2017
* FULL-YEAR NET SALES IN 2017 ARE EXPECTED TO REMAIN AT 2016
LEVEL AND OPERATING PROFIT IS EXPECTED TO BE BELOW 2016 LEVEL
* PREVIOUSLY, COMPANY HAD ESTIMATED THAT 2017 NET SALES AND
OPERATING PROFIT WERE EXPECTED TO REMAIN AT 2016 LEVEL
* LOWERS ITS OUTLOOK FOR OPERATING PROFIT DUE TO WEAK
PROFITABILITY IN FACILITY SERVICES AND PARTICULARLY IN
RENOVATION BUSINESS
* Will publish its half year financial report on Aug. 2
Source text for Eikon: ID:nHSU6Ycw
Further company coverage: LAT1V.HE
(Gdynia Newsroom)
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