Brief: Purmo Group Reiterates Guidance For 2023

Purmo Oyj

19/07/2023 06:37

July 19 (Reuters) - Purmo Group Oyj  PURMO.HE :
    * REITERATES ITS FINANCIAL GUIDANCE FOR 2023
    * VISIBILITY FOR 2023 IS LIMITED DUE TO MACROECONOMIC
UNCERTAINTIES
    * MARKET ENVIRONMENT CONTINUES TO BE CHALLENGING IN PURMO
GROUP'S
ADDRESSABLE MARKETS.
    * GUIDANCE ALSO FACTORS IN THAT PURMO GROUP IS BUILDING UP
CAPABILITIES TO FACILITATE FUTURE GROWTH.
    * MARKET ENVIRONMENT WITH LOW VOLUMES AND CONTINUING
WEAKNESS IN
BOTH BUSINESS DIVISIONS
    * WE DO NOT YET SEE RESTOCKING ACTIVITIES.
    * RAW MATERIAL COSTS DEVELOPED FAVOURABLY DURING QUARTER.

Source text for Eikon:  ID:nMFN70qcpY 
Further company coverage:  PURMO.HE 

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