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2008-07-14 07:45:00 CEST 2008-07-14 07:45:00 CEST REGULATED INFORMATION Salcomp Oyj - Company AnnouncementSALCOMP REDUCES ITS FULL YEAR PROFITABILITY GUIDANCESalcomp Plc Stock Exchange Release 14 July 2008 at 08:45 Finnish time SALCOMP REDUCES ITS FULL YEAR PROFITABILITY GUIDANCE Salcomp's growth in volumes and product mix during the second half of the year are expected to be more unfavorable than previously forecasted. Also material costs are expected to be on slightly higher level than previously forecasted. Therefore the full year operating profit in value is forecasted to be below 2007 level. According to the earlier outlook published 8 May 2008, the operating profit in value was expected to remain approximately on 2007 level. The net sales guidance remains unchanged, meaning that the full year net sales will increase in 2008 compared to 2007. Salcomp publishes its second quarter interim report on 12 August 2008. SALCOMP PLC Markku Hangasjärvi President and CEO Further information: Antti Salminen, CFO, tel. +358 40 535 1216 Distribution: Nordic Exchange, Helsinki The main media www.salcomp.com |
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