Brief: Purmo Group Reiterates Its Financial Guidance For 2023

Purmo Oyj

25/10/2023 06:28

Oct 25 (Reuters) - Purmo Group Oyj  PURMO.HE :
    * REITERATES ITS FINANCIAL GUIDANCE FOR 2023
    * UPGRADES TARGETS FOR ACCELERATE PG PROGRAMME FOR 2023 AND
2024
    * TARGETED ADJUSTED EBITDA RUN-RATE IMPROVEMENTS WILL BE
ABOVE EUR
25 MILLION (PREVIOUSLY EUR 20 MILLION) BY END OF 2023
    * CUMULATIVELY TARGETED ADJUSTED EBITDA RUN-RATE
IMPROVEMENTS WILL
BE ABOVE EUR 40 MILLION BY END-2024 (PREVIOUSLY EUR 40 MILLION)
    * FY OUTLOOK: MARKET ENVIRONMENT CONTINUES TO BE CHALLENGING
IN
PURMO GROUP'S ADDRESSABLE MARKETS
    * FY OUTLOOK: INVENTORY LEVELS OF WHOLESALERS IN PURMO
GROUP'S
CORE MARKETS HAVE NORMALISED

Source text for Eikon:  ID:nMFN5DJzxL 
Further company coverage:  PURMO.HE 

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