Plc Uutechnic Group Oyj - Inside information

UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017

PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE OCTOBER 20, 2017 at 12:40 pm

UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017

Uutechnic Group expects its revenue to be lower than in 2016 and the operating
profit to be negative. Previous was announced that the turnover is expected to
be lower than in 2016 and the operating profit to be at the last year's level.

The revision of the outlook is resulting from Japrotek Oy Ab's ongoing
compensation process related to quality issues of construction material on one
project that was delivered in the first half of the year. The company expects
that the compensation shall most probably be paid after the end of current
fiscal period. Furthermore the order backlog of Japrotek has remained on a low
level. Japrotek has started legal actions at the lower court of justice in
Sweden against the Swedish material supplier.

Plc Uutechnic Group Oyj will publish the Business review on October 27, 2017.



In Uusikaupunki October 20, 2017



PLC UUTECHNIC GROUP OYJ

Board of Directors





Further information:

Jouko Peräaho, CEO, Plc Uutechnic Group Oyj, +358 500 740808

Uutechnic Group is focused on improving the competitiveness of its customers by
providing them advanced equipment technology and unique service concept
worldwide. The product range includes agitators, different types of pressure
vessels, process- and storage tanks, reactors and heat exchangers. Additionally
different types of long welded and machined axially symmetrical parts as rolls,
cylinders, tubes and cones.

The main industries are hydrometallurgy, mining-, pulp and paper-, food-,
fertilizer-, other chemical industries and environmental technology.

Uutechnic Group's business consists of one segment, Process Solutions, which is
divided into two business lines: Mixing Technology and Tanks & Rolls. Mixing
Technology business line consists of Stelzer Rührtechnik Int. GmbH and Uutechnic
Oy. Tanks & Rolls business line consists of Japrotek Oy Ab and AP-Tela Oy.

www.uutechnicgroup.fi


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