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Tecnotree Oyj Comments on FY 2012 Financial Guidance


Wednesday, 8 Aug 2012 01:30am EDT 

Tecnotree Oyj announced that it expects to report fiscal year 2012 net sales and fiscal year 2012 operating result better than in fiscal year 2011. The Company's fiscal year 2012 adjusted operating result is estimated to be positive. The Company also announced that variations in the quarterly figures will be considerable. The cash flow after investments is also expected to improve compared to fiscal year 2011. The adjusted operating result is the operating result before R&D capitalization, amortization of this and one-time costs. The Company reported fiscal year 2011 net sales of EUR 62.3 million, fiscal year 2011 operating result of negative EUR 11.1 million and fiscal year 2011 adjusted operating result of negative EUR 1.7 million. 

Company Quote

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16 Apr 2014