Pihlajalinna Cuts Adj. EBITA Outlook on Lower Profitability

Pihlajalinna Oyj

21/11/2022 06:02

Nov 21 (Reuters) - Pihlajalinna revenue is expected to increase substantially
from the previous year.
* Pihlajalinna full year adjusted EBITA is expected to decrease from 2021
level
* Previously the company saw adjusted EBITA on par with 2021
* Says expansion of the service network and the supply growth as well as the
lower demand of the Covid-19 services compared to previous year and high
employee expenses including sick leaves due to the Covid-19 pandemic has
burdened the profitability