2014-11-27 12:00:00 CET

2014-11-27 12:00:03 CET


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Ixonos - Company Announcement

Ixonos updates its guidance 


Helsinki, Finland, 2014-11-27 12:00 CET (GLOBE NEWSWIRE) -- Ixonos Plc         
Stock Exchange Release          27 November 2014 at 13:00 



Ixonos updates its guidance



Due to lower than expected revenue in Europe and projects being postponed the
company's updated revenue forecast for 2014 is EUR 23-25 million. Due to this
the EBITDA for the second half of the year is expected to turn negative. 

Previously the company expected the revenue for 2014 to be EUR 24-26 million
and the EBITDA for the second half of the year to be positive. 

The company has also agreed with Turret Oy, a related party, to postpone the
payback of the EUR 1,3 million short term loan. 



Ixonos Plc

Additional Information:

Ixonos PLC, Esa Harju, CEO, tel. +358 40 844 3367, esa.harju@ixonos.com

Ixonos PLC, Mikael Nyberg, CFO, tel. +358 40 501 4401, mikael.nyberg@ixonos.com



Distribution:
NASDAQ OMX Helsinki
Main Media

www.ixonos.com