Brief: Nurminen Logistics Decreases Its Estimation Of 2018 Comparable EBIT

Nurminen Logistics Oyj

18/12/2018 13:03

Dec 18 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * PROFIT WARNING: NURMINEN LOGISTICS PLC DECREASES ITS
ESTIMATION
OF COMPARABLE EBIT FOR FY 2018 AND KEEPS ITS GUIDANCE CONCERNING
THE FORECASTED GROWTH OF SALES.
    * KEEPS ITS GUIDANCE CONCERNING FORECASTED GROWTH OF SALES.
    * DECREASES ITS ESTIMATION OF COMPARABLE EBIT FOR FY 2018
AND
RELEASES A PROFIT WARNING
    * EBIT IS ESTIMATED TO DECREASE FROM FY 2017 AS TURNOVER
INCREASES.
    * REASON FOR DEVIATION IS PROBLEMS IN ERP PROJECT.
    * SYSTEM INTEGRATION HAS BEEN MORE COSTLY AND ITS FULL SCALE
IMPLEMENTATION HAS BEEN DELAYED

Source text for Eikon:  ID:nWkr2jg3bn 
Further company coverage:  NLG1V.HE 

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