Brief: Tulikivi Recognises Impairment Loss In Goodwill; Changes 2018 Profit Guidance

Tulikivi Oyj

13/02/2019 14:04

Feb 13 (Reuters) - Tulikivi Oyj  TULAV.HE :
    * REG-TULIKIVI WILL RECOGNISE AN EUR 0.5 MILLION IMPAIRMENT
LOSS
IN GOODWILL AND CHANGE ITS PROFIT GUIDANCE FOR 2018
    * IMPAIRMENT LOSS HAS NO IMPACT ON CASH FLOW OR ON
INDICATORS OF
PARENT COMPANY TULIKIVI CORPORATION.
    * FOR 2018, NET SALES ARE ESTIMATED TO BE APPROXIMATELY EUR
28.5
MILLION
    * FOR 2018,  OPERATING PROFIT IS EXPECTED TO BE ON PREVIOUS
YEAR'S
LEVEL WITHOUT WRITE-DOWN.

Source text for Eikon:  ID:nGNE3M3r38 
Further company coverage:  TULAV.HE 

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