Tulikivi Oyj - Company Announcement

PROFIT WARNING - Tulikivi Corporation lowers its outlook for turnover and operating result for the year 2013

TULIKIVI CORPORATION                         STOCK EXCHANGE RELEASE



                                                                  May 21, 2013
at 9:45 a.m. 









PROFIT WARNING - Tulikivi Corporation lowers its outlook for turnover and
operating result for the year 2013 



Tulikivi Corporation lowers its outlook for turnover and operating result for
the year 2013, so that the turnover will be lower than in the year 2012. The
operating result is expected to be in line with the year 2012. 


In an uncertain market situation Tulikivi's sales have not developed as
estimated. Therefore, the company revises its outlook for the whole year's
turnover development.  Despite the cost savings, a lower estimate on turnover
leads to an outlook with lower operating result as well. 


The new turnover and operating result outlook for 2013



The demand for Tulikivi products is dependent on consumer confidence. New
products will allow us to increase our market share; however, the turnover is
expected to be lower than in 2012. The company estimates that the operating
result will be in the same level as in 2012. 



The previous turnover and operating result outlook for 2013



The demand for Tulikivi products is dependent on consumer confidence. New
products will allow us to increase our market share; however, no significant
growth is anticipated for turnover in 2013. Operating profit is expected to
improve with improved operating efficiency. 



TULIKIVI CORPORATION

Board of Directors


Heikki Vauhkonen
Chairman of the Board

Distribution: NASDAQ OMX Helsinki Ltd
Central Media
www.tulikivi.com

Additional information: Tulikivi Corporation, 83900 Juuka, tel. +358 403 063
100, www.tulikivi.com 



- Chairman of the Board of Directors Heikki Vauhkonen, +358 207 636 555
- Managing Director Jouni Pitko, +358 403 063 222