Brief: Tulikivi Q3 Operating Result Turns To Profit Of EUR 0.1 Million

Tulikivi Oyj

01/11/2019 11:04

Nov 1 (Reuters) - Tulikivi Oyj  TULAV.HE :
    * REG-TULIKIVI CORPORATION INTERIM REPORT 1–9/2019: NET
SALES WERE
AT THE PREVIOUS YEAR’S LEVEL, PROFITABILITY IMPROVES
    * FUTURE OUTLOOK: NET SALES ARE EXPECTED TO INCREASE IN
2019, AND
COMPARABLE OPERATING PROFIT IS EXPECTED TO BE POSITIVE.
    * Q3 NET SALES EUR 6.6 MILLION VERSUS EUR 6.4 MILLION YEAR
AGO
    * Q3 OPERATING PROFIT EUR 0.1 MILLION VERSUS LOSS EUR 0.3
MILLION
MILLION YEAR AGO
    * GOOD RECEPTION OF OUR NEW PIELINEN PRODUCTS AMONG
CUSTOMERS HAD
A POSITIVE EFFECT ON OUR NET SALES IN GERMANY
    * OUR SALES MARGIN IMPROVED IN Q3 DUE TO PROFITABILITY
IMPROVEMENT
MEASURES

Source text for Eikon:  ID:nGNE2dnghy 
Further company coverage:  TULAV.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))