Brief: Martela Weakens Guidance For 2024 Revenue, Profit

Martela Oyj

27/09/2024 10:03

Sept 27 (Reuters) - Martela Oyj  MARAS.HE :
    * WEAKENS ITS GUIDANCE FOR REVENUE AND PROFIT FOR 2024
    * FULL-YEAR 2024 REVENUE ARE ANTICIPATED TO BE APPROXIMATELY
AT
PREVIOUS YEAR'S LEVEL AND TO REACH EUR 91-97 MILLION IN 2024
    * EXPECTS 2024 REVENUE TO BE EUR 91-97 MILLION
    * OPERATING RESULT IS ESTIMATED TO BE SLIGHTLY NEGATIVE, AND
OPERATING LOSS IS ESTIMATED TO BE AT LEVEL OF EUR 0.0-1.8
MILLION
    * ESTIMATES 2024 OPERATING LOSS OF EUR 0.0-1.8 MILLION
    * PREVIOUSLY EXPECTED REVENUE INCREASE AND POSITIVE
OPERATING
RESULT FOR 2024
    * REALIZATION OF MARKET RECOVERY WILL TAKE PLACE SLIGHTLY
SLOWER
THAN PREVIOUSLY ANTICIPATED
    * SOME CUSTOMER PROJECTS WILL BE POSTPONED UNTIL BEGINNING
OF NEXT
YEAR

Source text for Eikon:  ID:nGNEbQSMyP 
Further company coverage:  MARAS.HE 

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