Brief: Sitowise Proposes No Dividend For 2024

Sitowise Oyj

12/02/2025 06:35

Feb 12 (Reuters) - Sitowise Group Oyj  SITOWS.HE :
    * YEAR-ON-YEAR ORDER BOOK DECREASED BY 8.0% TO 151 (164)
MILLION
EUROS.
    * PROPOSES TO ANNUAL GENERAL MEETING, PLANNED FOR 2 APRIL
2025,
THAT NO DIVIDEND BE PAID FOR FINANCIAL YEAR 2024.
    * RECOVERY OF NEW CONSTRUCTION IS GENERALLY PREDICTED TO
OCCUR IN
LATE 2025
    * LIKELIHOOD OF RECOVERY BEING POSTPONED TO 2026 HAS
INCREASED
SIGNIFICANTLY
    * WE EXPECT TECHNICAL CONSULTING MARKET ENVIRONMENT TO
REMAIN
MIXED IN 2025
    * IN SWEDEN CONSTRUCTION MARKET RECOVERY IS NOW ANTICIPATED
TO
TAKE PLACE ONLY IN H2 2025 OR EVEN ONLY IN 2026
    * NO GUIDANCE ISSUED FOR 2025
    * BOTH IN FINLAND AND SWEDEN THERE IS SIGNIFICANT
UNCERTAINTY
RELATED TO SITOWISE'S NET SALES DEVELOPMENT IN 2025

Source text:  ID:nWkrc9ycxm 
Further company coverage:  SITOWS.HE 

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