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2011-04-12 08:30:00 CEST 2011-04-12 08:30:34 CEST REGULATED INFORMATION Okmetic Oyj - Company AnnouncementOKMETIC ADJUSTS ITS ESTIMATE FOR THE FIRST HALF OF 2011OKMETIC OYJ STOCK EXCHANGE RELEASE 12 APRIL 2011 AT 9.30 A.M. OKMETIC ADJUSTS ITS ESTIMATE FOR THE FIRST HALF OF 2011 Okmetic adjusts its estimate of the net sales and operating profit for the first half of 2011. The net sales and operating profit for the first half of 2011 are estimated to clearly exceed the level of the corresponding period in 2010 (previous estimate on 10 February 2011 "to exceed"). Reaching these estimates means that the current positive market situation must not see any significant changes at the first half of the year. The natural disaster in Japan in March has no significant impact on the company's first quarter net sales or operating profit which will be published on 27 April 2011. It is still hard to estimate the potential long-term direct or indirect effects of the events in Japan on the electronics industry's value chain and on Okmetic's business. The company will revise its estimate regarding this issue if necessary. OKMETIC OYJ Kai Seikku President For further information, please contact: Kai Seikku, President, Okmetic Oyj, Tel. +358 400 200 288, e-mail: kai.seikku@okmetic.com Distribution: NASDAQ OMX Helsinki Ltd Principal media www.okmetic.fi OKMETIC IN BRIEF Take it higher Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries and sells its technological expertise to the solar cell industry. Okmetic provides its customers with solutions that boost their competitiveness and profitability. Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. The company's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process. Okmetic has a worldwide clientele and sales network, production plants in Finland and in the United States as well as license-based production in Japan and in China. Ocmetic's shares are listed on the NASDAQ OMX Helsinki Ltd under the trading symbol OKM1V. Additional information can be found on the company's website: www.okmetic.com. [HUG#1505389] |
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