Rautaruukki Oyj Maintains FY 2012 Net Sales Guidance and Lowers FY 2012 Comparable Operating Profit Guidance

Rautaruukki Oyj announced that it has revised its fiscal year 2012 financial guidance. The Company still expects to report fiscal year 2012 net sales to grow approximately 5%. The Company also expects to report fiscal year 2012 comparable operating profit to be at the same level as in fiscal year 2011. Previously, the Company expected to report fiscal year 2012 comparable operating profit to improve compared to fiscal year 2011. The Company reported fiscal year 2011 net sales of EUR 2,797 million and fiscal year 2011 operating profit of EUR 56 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 net sales of EUR 2,867.15 million.