Edition:
United States

Lassila & Tikanoja expects 2017 operating profit below 2016 level​


Tuesday, 13 Jun 2017 01:00am EDT 

June 13 (Reuters) - LASSILA & TIKANOJA OYJ ::‍LASSILA & TIKANOJA PLC CHANGES ITS OUTLOOK FOR 2017​.FULL-YEAR NET SALES IN 2017 ARE EXPECTED TO REMAIN AT 2016 LEVEL AND OPERATING PROFIT IS EXPECTED TO BE BELOW 2016 LEVEL​.‍PREVIOUSLY, COMPANY HAD ESTIMATED THAT 2017 NET SALES AND OPERATING PROFIT WERE EXPECTED TO REMAIN AT 2016 LEVEL​.LOWERS ITS OUTLOOK FOR OPERATING PROFIT DUE TO WEAK PROFITABILITY IN FACILITY SERVICES AND PARTICULARLY IN RENOVATION BUSINESS.Will publish its half year financial report on Aug. 2. 

Company Quote

18.1
-0.12 -0.66%
7:35am EST