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2009-05-22 08:30:00 CEST 2009-05-22 08:30:19 CEST REGULATED INFORMATION Panostaja Oyj - Company AnnouncementPANOSTAJA OYJ'S PROFIT OUTLOOK WEAKERPanostaja Oyj Stock Exchange Release, May 22, 2009 9:30 am PANOSTAJA OYJ'S PROFIT OUTLOOK WEAKER Panostaja Oyj's subsidiary Takoma Oyj has informed today that its turnover for financial year 2009 will decrease and operating profit will be significantly lower than the operating profit for financial year 2008. Since Takoma Oyj's operating profit has relevant impact on Panostaja Group's operating profit the Board of Panostaja Oyj has decided to restate the outlook for the rest of the financial year. The turnover of Panostaja Group is expected to increase from previous financial year but the operating profit of the financial year is expected to be lower than the operating profit of previous financial year. The earlier outlook was that the Group's turnover and operating profit this financial year are expected to surpass that for the previous financial year, despite a weaker first quarter. Panostaja Oyj will publish its Interim Report to cover the period November 1, 2008 - April 30, 2009, (6 months) on Thursday, June 11, 2009. Panostaja Oyj Board of Directors Additional information: Juha Sarsama, Chief Executive Officer, Panostaja Oyj, +358 40 7742099 |
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