Brief: Suominen Q2 Comp. Operating Profit Falls To EUR 2.9 Million

Suominen Oyj

03/08/2018 06:03

Aug 3 (Reuters) - SUOMINEN OYJ  SUY1V.HE :
    * Q2 NET SALES EUR 110.0 MILLION VERSUS EUR 112.0 MILLION
YEAR AGO
    * Q2 COMP OPERATING PROFIT EUR 2.9 MILLION VERSUS EUR 4.4
MILLION
YEAR AGO
    * SAYS IMPACT OF EUR/USD EXCHANGE RATE CHANGES DECREASED
REPORTED
NET SALES BY EUR -5.2 MILLION.
    * EXPECTS THAT IN 2018, ITS NET SALES WILL IMPROVE FROM 2017
    * EXPECTS 2018 COMPARABLE OPERATING PROFIT WILL BE AT LEVEL
OF
2017
    * SAYS OPERATING PROFIT DECLINED FROM Q2 OF 2017 TO EUR 2.9
MILLION, MAINLY DUE TO TIGHT PRICE COMPETITION

Source text for Eikon:  ID:nGNE73mV6C 
Further company coverage:  SUY1V.HE 

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