Brief: Taaleri's 2019 Operating Profit Margin To Be Slightly Below The 2018 Level

Taaleri Oyj

19/06/2019 09:37

June 19 (Reuters) - Taaleri Oyj  TAALA.HE :
    * REG-TAALERI PLC´S HALF-YEAR JANUARY-JUNE 2019 OPERATING
PROFIT
MARGIN IS ESTIMATED TO WEAKEN TO BETWEEN 20 AND 25 PER CENT, AND
HENCE THE OPERATING PROFIT MARGIN FOR 2019 WILL BE SLIGHTLY
BELOW THE LEVEL IN 2018
    * BASED ON FIRST HALF-YEAR, TAALERI PLC ESTIMATES ALSO
FULL-YEAR
2019 OPERATING PROFIT MARGIN TO BE SLIGHTLY LOWER THAN IN 2018
    * DECREASE IS MAINLY DUE TO WEAKENED CONTINUING EARNINGS OF
WEALTH
MANAGEMENT DURING FIRST HALF-YEAR
    * REALIZATION OF PLANNED PROJECTS THAT HAS BEEN POSTPONED TO
SECOND HALF OF 2019
    * LONG-TERM OPERATING PROFIT TARGET IS AT LEAST 20 PER CENT
OF
INCOME
    * LONG-TERM EQUITY RATIO TARGET IS AT LEAST 30 PER CENT
    * ITS LONG-TERM RETURN ON EQUITY TARGET IS AT LEAST 15 PER
CEN

Source text for Eikon:  ID:nGNE4nMC6f 
Further company coverage:  TAALA.HE 

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