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2013-09-26 14:07:00 CEST 2013-09-26 14:07:04 CEST REGULATED INFORMATION Efore - Company AnnouncementEFORE SPECIFIES ITS STATEMENT RELATED TO THE PROFITABILITY IMPROVEMENT PROGRAM IN THIRD QUARTER INTERIM REPORTEspoo, Finland, 2013-09-26 14:07 CEST (GLOBE NEWSWIRE) -- Efore Plc Stock Exchange Release September 26, 2013 3.07p.m. Efore announced in its interim report on 20.8.2013: ‘Last spring started Efore's profitability and efficiency improvement is progressing as planned during the current fiscal year. As a result of the implemented actions Efore (without Roal) estimates to reach a positive result with at least EUR 15 million quarterly net sales during the last quarter of the current calendar year.' The purpose of this information was to describe the progress and targeted cost base of the profitability improvement program started in spring 2013. This information was not supposed to be profit guidance and it should not be understood as such. Company does not report Efore or Roal separately. Efore's financial estimate for fiscal year 2013 in third quarter interim report is: “Net sales of new Efore Group for fiscal year 2013 is estimated to be at least EUR 80 million.” EFORE PLC Board of Directors For further information, please contact Mr Vesa Vähämöttönen, CEO, tel. +358 9 4784 6312. DISTRIBUTION NASDAQ OMX Helsinki Oy Principal media Efore Group The Efore Group is an international company that develops and produces demanding power products. Efore's head office is based in Finland, and its production units are located in China and Tunisia. Sales and marketing operations are located in Europe, the United States and China. In the fiscal year ending in October 2012, consolidated net sales totalled EUR 78.1 million, and the Group's personnel averaged 888. The company's shares are quoted on Nasdaq OMX Helsinki Oy. www.efore.com |
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