Brief: Nurminen Logistics H1 Comparable EBIT Unchanged At EUR 4.6 Million

Nurminen Logistics Oyj

04/08/2022 06:38

Aug 4 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * NURMINEN LOGISTICS PLC HALF-YEAR FINANCIAL REPORT 1
JANUARY-30
JUNE 2022
    * EXPECTS THAT NET SALES IN 2022 WILL INCREASE OR REMAIN AT
LEVEL
OF 2021
    * COMPARABLE OPERATING PROFIT MARGIN GUIDANCE IS ON 4-7 %
LEVEL
    * ESTIMATES THAT BUSINESS VOLUMES WILL REMAIN AT A GOOD
LEVEL AND
THERE WILL BE NO LARGE ONE-TIME COSTS INCURRED IN NEAR FUTURE
    * END OF CORONAVIRUS RESTRICTIONS IN CHINA WILL INCREASE
FLOW OF
GOODS IN PRODUCT GROUPS WHICH ARE IMPORTANT TO NURMINEN
    * ANTICIPATES THAT PRICES OF RAILWAY FREIGHT WILL REMAIN AT
CURRENT LEVEL AND THAT PRICES WILL RISE IN OTHER SERVICES
    * MAIN GOAL OF NURMINEN LOGISTICS IN JULY-DECEMBER WILL BE
TO
INCREASE SALES OF CURRENT CARGO TRAIN ROUTES AND VERSATILITY OF
MULTIMODAL SERVICES IN ASIA AND EUROPE
    * H1 COMPARABLE OPERATING PROFIT EUR 4.6 MILLION VERSUS EUR
4.6
MILLION YEAR AGO
    * WILL FOCUS ON INTERNATIONAL SALES, INTERNATIONAL
RECRUITMENT AND
DEVELOPMENT OF PARTNERSHIP AND SUBCONTRACTING NETWORK IN CENTRAL
EUROPE AND CHINA IN JULY-DECEMBER
    * H1 NET SALES  EUR 71.7 MILLION VERSUS EUR 63.0 MILLION
YEAR AGO

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

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