2010-02-01 14:30:00 CET

2010-02-01 14:30:23 CET


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PKC Group Oyj - Company Announcement

PKC GROUP IMPROVES ITS FULL-EAR ESTIMATE


PKC Group Oyj 	Company Announcement 1 February 2010	3.30 p.m.                   


PKC GROUP IMPROVES ITS FULL-EAR ESTIMATE                                        

PKC Group estimated in the 2009 third quarter interim report published on 29    
October 2009 that the full-year operating profit will be negative. The group's  reorganisation costs recognised in 2009 were smaller than had been estimated, as
a result of which the full-year operating profit shall be slightly positive.    

The preliminary estimates are unaudited and are not based on financial          
statements approved by the Board of Directors. The financial statements bulletin
will be published on 18 February 2010 at 8.15 a.m.                              

The previous outlook for the future, published in the Interim Report 1-9/2009,  
was in its entirety as follows:                                                 
“It is currently difficult to estimate how long the economic downturn will last.
We estimate that the low predictability in the demand in commercial vehicle     
industry and general uncertainty of financing will keep the demand for wiring   
harnesses exceptionally low.                                                    
We also estimate that demand for electronics design and manufacturing services  
in the market will weaken compared to last year.                                
We predict that the full-year net sales will decrease substantially and for     
operating profit to be negative. The full year estimation contains significantly
more uncertainty than usual due to the customer segments' exceptionally short   
outlooks. Thanks to the low need for capital expenditures and decrease of       
working capital, cash flows after investments are expected to be positive.      
PKC's balance sheet, liquidity and good customer relationships all enable       
improvement in PKC's relative competitive position.”                            


PKC Group Oyj                                                                   
Board of Directors                                                              


Harri Suutari                                                                   
President and CEO                                                               


For additional information, contact:                                            
Harri Suutari, President & CEO, PKC Group Oyj, +358 400 384 937                 


DISTRIBUTION                                                                    

NASDAQ OMX                                                                      
Main media                                                                      
www.pkcgroup.com                                                                


The PKC Group offers design and contract manufacturing services for wiring      
harnesses, cabling and electronics. The Group has production facilities in      
Finland, Brazil, China, Mexico, Poland, Estonia and Russia. The Group's net     
sales in 2008 totalled EUR 311.7 million. PKC Group Oyj is listed on NASDAQ OMX 
Helsinki Ltd.