Brief: Piippo Cuts Outlook On 2020 Revenue

Piippo Oyj

29/01/2021 06:18

Jan 29(Reuters) - Piippo Oyj  PIIPPO.HE :
    * SAID ON THURSDAY ACCORDING TO PRELIMINARY CALCULATIONS
2020
REVENUE WILL NOT GROW COMPARED TO 2019
    * PREVIOUSLY EXPECTED THAT ANNUAL REVENUE WOULD IMPROVE FROM
COMPARABLE PERIOD
    * SAYS 2020 REVENUE HAS BEEN AFFECTED BY FALLING RAW
MATERIAL
PRICES, FOREIGN EXCHANGE 
    * STILL EXPECTS 2020 OPERATING PROFIT TO IMPROVE FROM 2019

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE8DVnrw
 Further company coverage:  PIIPPO.HE  
   


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