Brief: Oriola Q1 Adjusted EBIT Rises To EUR 4.7 Mln

Oriola Oyj

28/04/2022 06:42

April 28 (Reuters) - Oriola Oyj  OKDBV.HE :
    * ORIOLA CORPORATION'S INTERIM REPORT 1 JANUARY-31 MARCH
2022
    * Q1 NET SALES INCREASED BY 7.6% TO EUR 372.7 (346.4)
MILLION
    * Q1 COMPARABLE ADJUSTED EBIT WAS EUR 4.7 (0.9) MILLION
    * Q1 ADJUSTED EBIT WAS EUR 4.7 (0.9) MILLION
    * OUTLOOK 2022: COMPARABLE ADJUSTED EBIT IS ESTIMATED TO
INCREASE
FROM 2021 LEVEL.
    * COVID-19 PANDEMIC CONTINUES AND SEVERITY AS WELL AS
DURATION OF
PANDEMIC REMAIN UNCLEAR IN ORIOLA'S OPERATING ENVIRONMENT.
    * FURTHERMORE, RECENT OVERALL INFLATIONARY INCREASES AND
RELATED
COST PRESSURES MAY HAVE A SIGNIFICANT IMPACT ON ORIOLA'S
PROFITABILITY.
    * OUTLOOK REMAINS BASED ON CURRENT GROUP STRUCTURE,
INCLUDING BOTH
CONTINUING OPERATIONS AND DISCONTINUED OPERATIONS.

Source text for Eikon:  ID:nWkrbXhWXc 
Further company coverage:  OKDBV.HE 

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