Brief: Lassila & Tikanoja Q1 Operating Profit Was EUR 2.9 Million

Luotea Oyj

28/04/2020 06:04

April 28 (Reuters) - Lassila & Tikanoja Oyj  LAT1V.HE :
    * REG-LASSILA & TIKANOJA PLC: INTERIM REPORT 1 JANUARY–31 MARCH 2020
    * LASSILA & TIKANOJA OYJ - Q1 OPERATING PROFIT EUR 2.9 MILLION VERSUS EUR 0.7 MILLION YEAR
AGO
    * LASSILA & TIKANOJA OYJ - Q1 NET SALES EUR 184.4 MILLION VERSUS EUR 198.8 MILLION YEAR AGO
    * LASSILA & TIKANOJA OYJ - Q1 OPERATING PROFIT WAS EUR 2.9 MILLION (0.7)
    * LASSILA & TIKANOJA OYJ - FULL-YEAR NET SALES FOR 2020 ARE EXPECTED TO DECREASE
YEAR-ON-YEAR
    * LASSILA & TIKANOJA OYJ - 2020 OPERATING PROFIT IS ESTIMATED TO BE EUR 30-40 MILLION (40.5)
EXCLUDING LOSS RELATED TO DISCONTINUATION OF RUSSIAN OPERATIONS

Source text for Eikon:  ID:nGNE1wVJV2 
Further company coverage:  LAT1V.HE 

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