Brief: Nurminen Sells Niirala Terminal For EUR 1.25 Mln

Nurminen Logistics Oyj

19/06/2019 08:09

June 19 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * NURMINEN LOGISTICS MANAGES REAL ESTATE PROPERTY
    * SOLD NIIRALA TERMINAL TO CEMAGRO OY AND MUNCIPALITY OF
TOHMAJÄRVI
    * POSITIVE EFFECT ON CASF FLOW IS 0.7 MILLION EUROS
    * SALES PRICE WAS 1.25 MILLION EUROS
    * ARRANGEMENT WILL HAVE NEGATIVE IMPACT OF 0.5 MILLION EUROS
ON
NURMINEN LOGISTICS' REPORTED EBIT ON FIRST HALF OF 2019
    * IT ALSO IMPROVES COMPANY'S PROFITABILITY BY REDUCING
PROPERTY
EXPENCES

Source text for Eikon:  ID:nWkr6c51HW 
Further company coverage:  NLG1V.HE 

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