Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00

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Poyry Oyj Lowers FY 2013 Revenue Guidance and Maintains FY 2013 Operating Profit Guidance


Friday, 19 Jul 2013 06:45am EDT 

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. 

Company Quote

3.758
-0.018 -0.48%
7:35am EDT