Finnlines - Company Announcement

FINNLINES PLC OUTLOOK FOR 2012

Helsinki, Finland, 2012-01-23 11:58 CET (GLOBE NEWSWIRE) -- Finnlines Plc  
Stock Exchange Release   January 23, 2012 at 13:00 





FINNLINES PLC OUTLOOK FOR 2011



The Board of Directors published on the 8th of November 2011 the latest outlook
for the calendar year 2011.  The Board expected then that the comparable result
in 2011 will improve from the previous year, despite the challenges in 2011. 



The Board can state now that the comparable result for 2011 will be lower than
in 2010. In particular it states that the EBITDA is forecasted to be a little
bit less than previous year instead of being higher, as forecasted before. 



Main reasons are:



1. TURNOVER: volumes were lower than the ones anticipated due to European and
market crisis. 



2. COSTS: bunker price level was higher than anticipated and it is not yet
fully recovered by clients in several lines and business. 



Finnlines Plc

Board of Directors





Uwe Bakosch

President and CEO







Distribution   OMX Helsinki Stock Exchange

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