2012-10-18 13:50:00 CEST

2012-10-18 13:50:34 CEST


REGULATED INFORMATION

English
Pöyry - Company Announcement

Pöyry reduces operating profit estimate for 2012


PÖYRY PLC          Company Announcement 18 October 2012 at 2.50 p.m.

Based on current information, Pöyry Group's operating profit for 2012, excluding
restructuring costs, is expected to decline significantly compared with 2011. In
outlook given in connection with the January - June 2012 result in August the
Group's operating profit was expected to decline from 2011. The Group's net
sales outlook is unchanged and net sales in 2012 are expected to remain stable
compared with 2011.

Due to disappointing results in the second and third quarter, the operating
profit excluding restructuring costs for January - September 2012 is clearly
lower than expected.  Closures and divestments of low performing and non-core
offices and business units in connection with the on-going strategic review of
the business portfolio have a negative short-term impact on comparable operating
profit. In the Urban business group also one-off project and credit losses,
mainly outside the core markets, burden profitability. Lower than anticipated
activity levels in certain markets, especially in the Energy business group, and
weak sales, especially in the Management Consulting business group, have a
negative impact on the business groups' operating profit. In the Industry
business group the large projects are coming to an end while decisions on new
larger orders are delayed. Consequently the full year 2012 operating profit
estimate has been reduced further.

The operating profit outlook and comparison to 2011 both refer to figures
excluding restructuring costs.

According to preliminary results, Pöyry's net sales in January - September 2012
were approximately EUR 584 million and operating profit, excluding restructuring
costs, approximately EUR 10.5 million.

Pöyry will report its January - September 2012 results on 26 October 2012.

Pöyry continues with its on-going actions to improve operating profit. These
actions include group-wide efficiency improvement programme, focusing on
internal processes, support functions and associated costs. More detailed
information on estimated financial impacts will be available later this year.

PÖYRY PLC

Additional information:
Jukka Pahta, CFO
tel. +358 10 33 26088

Pöyry is a global consulting and engineering company dedicated to balanced
sustainability and responsible business. With quality and integrity at our core,
we deliver best-in-class management consulting, total solutions, and design and
supervision. Our in-depth expertise extends to the fields of energy, industry,
transportation, water, environment and real estate. Pöyry has about 7,000
experts and a local office network in about 50 countries. Pöyry's net sales in
2011 were EUR 796 million and the company's shares are quoted on NASDAQ OMX
Helsinki (Pöyry PLC: POY1V).

DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.poyry.com


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