Brief: Tulikivi Q2 Oper Profit Up At EUR 7.4 Mln

Tulikivi Oyj

20/08/2021 11:04

Aug 20 (Reuters) - Tulikivi Oyj  TULAV.HE :
    * REG-TULIKIVI CORPORATION HALF YEAR FINANCIAL REPORT
1–6/2021:
HIGHER NET SALES, BETTER OPERATING PROFIT AND STRONGER ORDER
BOOKS 20 AUGUST 2021 AT 1 PM
    * FUTURE OUTLOOK: NET SALES ARE EXPECTED TO BE BETWEEN EUR
32 AND
35 MILLION, AND COMPARABLE OPERATING PROFIT IS EXPECTED TO
IMPROVE SUBSTANTIALLY.
    * Q2 NET SALES EUR 9.3 MILLION VERSUS EUR 7.4 MILLION YEAR
AGO
    * TULIKIVI GROUP'S OPERATING PROFIT WAS EUR 1.1 (0.5)
MILLION IN
Q2 AND EUR 1.1 (0.0) MILLION IN REVIEW PERIOD
    * PROFITABILITY IMPROVED THANKS TO HIGHER NET SALES, PRICE
INCREASES AND SUCCESSFUL PRODUCTIVITY MEASURES
    * ORDER INTAKE THAT SIGNIFICANTLY IMPROVED IN Q1 OF YEAR
MEANS
THAT IT WILL BE POSSIBLE TO ACHIEVE A HIGHER YEAR-ON-YEAR NET
SALES GROWTH AND PROFITABILITY THAN IN PREVIOUS YEARS

Source text for Eikon:  ID:nGNE8RLLvY 
Further company coverage:  TULAV.HE 

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