Poyry Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Poyry Oyj Lowers FY 2013 Revenue Guidance and Maintains FY 2013 Operating Profit Guidance
Poyry Oyj announced that unexpected delays in corresponding contract awards have impacted the development of the Company's revenues. Hence, contrary to earlier estimates, Poyry's fiscal year 2013 net sales are likely to fall short of 2012. Previously the Company expected that net sales in the fiscal year 2013 would increase compared with 2012. For the fiscal year 2012 the Company reported revenue of EUR 775.00 million. Outlook for the Company's operating profit remains unchanged and the result is still expected to increase compared with the operating profit excluding restructuring costs in 2012. For the fiscal year 2012 the Company reported EBIT of EUR 17.20 million. According to I/B/E/S Estimates analysts on average are expecting Poyry to report revenue of EUR 727.34 million and EBIT of EUR 21.90 million for the fiscal year 2013.
Latest Developments for Poyry Oyj
- Poyry Oyj proposes no dividend for FY 2013; expects FY 2014 operating profit to increase
- Poyry concludes statutory employee negotiations in Finland
- Poyry Oyj to Start Statutory Employee Negotiations in Finland Aimed at Reducing Capacity by Approximately 200 People Including Layoffs and Permanent Reductions of Some 25 People
- Poyry Oyj Maintains FY 2013 Operating Profit Guidance
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