Oriola-KD Corporation Stock Exchange Release 10 October 2014 at 11.35 a.m.
Oriola-KD Corporation revises guidance for operating profit excluding non-recurring items
Oriola-KD Corporation revises guidance for operating profit excluding non-recurring - Operating profit excluding non-recurring items is estimated to decrease from 2013 level.
Due to weak performance of the Russian wholesale business Oriola-KD`s full-year operating profit excluding non-recurring items will decrease from 2013 level.
Revised outlook for 2014
Oriola-KD estimates that net sales and operating profit excluding non-recurring items will decrease from 2013 level.
Previous outlook on July 24, 2014
Oriola-KD estimates that net sales and operating profit excluding non-recurring items will increase compared to 2013 actual.
Oriola-KD Corporation`s January - September interim results are released on October 23, 2014.
Oriola-KD Corporation
Tuomas Itkonen
CFO
For further information, please contact:
Tuomas Itkonen
CFO
Mobile +358 40 596 4004
email: tuomas.itkonen@oriola-kd.com
Eero Hautaniemi
President & CEO
Mobile +358 50 429 2109
email: eero.hautaniemi@oriola-kd.com
Distribution
NASDAQ OMX Helsinki Ltd.
Key media
Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oriola-KD Oyj via GlobeNewswire
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