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Lemminkainen Oyj Comments on FY 2012 Financial Guidance


Thursday, 1 Nov 2012 02:00am EDT 

Lemminkainen Oyj announced its fiscal year 2012 financial guidance. The Company expects to report fiscal year 2012 net sales at the same level as in fiscal year 2011. It also expects to report fiscal year 2012 pre-tax profit improved compared to fiscal year 2011. The estimate is based on the cost savings achieved by the efficiency program as well as the completion of 700 residential units built as development projects in the fourth quarter of 2012. The Company reported fiscal year 2011 net sales of EUR 2,183.9 million and fiscal year 2011 pre-tax profit of EUR 25.0 million. According to I/B/E/S estimates analysts on average are expecting the Company to report fiscal year 2012 pre-tax profit of EUR 46.58 million. 

Company Quote

14.2
-0.2 -1.39%
17 Apr 2014