Vacon - Company Announcement

Vacon reduces its guidance for 2014

Vacon Plc, Stock Exchange Release, 12 September 2014 at 8.29 a.m. (EET)

Vacon reduces its guidance for 2014 and now estimates that its revenues and
operating profit percentage excluding one-time items will increase from the
corresponding period in 2013. Revenues in 2013 totalled EUR 403.0 million and
the operating profit percentage excluding one-time items was 10.1%.

Previously, Vacon estimated that its revenues will increase 5-15% and its
operating profit percentage excluding one-time items will be 11-13% in 2014.

The main reason for revising the guidance is the increasing risks related to
revenue growth. The company's expectations regarding order intake have weakened
for the rest of the year.

Revising the guidance for 2014 will not have an effect on Vacon's long-term
financial targets. Vacon will publish its interim report for 1 January-30
September 2014 on 22 October 2014.

VACON PLC

Further information:

  * Vesa Laisi, President and CEO, phone +358 (0)40 8371 510,
    vesa.laisi(at)vacon.com
  * Sebastian Linko, Director, Corporate Communications and Investor Relations,
    +358 (0)40 8371 634, sebastian.linko(at)vacon.com



Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives
and inverters in the world - and provide customers with efficient product
lifecycle services. Our AC drives offer optimum process control and energy
efficiency for electric motors. Vacon inverters play a key role when energy is
produced from renewable sources. Vacon has production and R&D facilities in
Europe, Asia and North America, and sales offices in 30 countries. Further,
Vacon has sales representatives and service partners in nearly 90 countries. In
2013, Vacon's revenues amounted to EUR 403.0 million, and the company employed
globally approximately 1,600 people. The shares of Vacon Plc (VAC1V) are quoted
on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media


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