|
|||
2010-10-20 07:00:00 CEST 2010-10-20 07:00:54 CEST REGULATED INFORMATION Okmetic Oyj - Company AnnouncementOKMETIC ADJUSTS ITS ESTIMATE FOR 2010OKMETIC OYJ STOCK EXCHANGE RELEASE 20 OCTOBER 2010 AT 8.00 A.M. OKMETIC ADJUSTS ITS ESTIMATE FOR 2010 Okmetic adjusts its estimate of the net sales and operating profit for 2010. The net sales of 2010 is estimated to be on the level of around 80 million euro (previously around 75 million euro or slightly more). Operating profit for the entire year is estimated to be around 12-14 percent of net sales (previously it was estimated to be in accordance with the company's 10 percent long-term objective). Silicon wafer demand is slowing down according to normal seasonal variation in the last quarter of the year. Net sales and operating profit estimates are based on the order intake. Reaching these estimates means that the current positive market situation must not see any significant changes during the last weeks of the year. OKMETIC OYJ Kai Seikku President For further information, please contact: President Kai Seikku, Okmetic Oyj, tel. +358 400 200 288, email: kai.seikku@okmetic.com Distribution: NASDAQ OMX Helsinki Principal media www.okmetic.com OKMETIC IN BRIEF Take it higher Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries and sells its technological expertise to solar cell industry. Okmetic provides its customers with solutions that boost their competitiveness and profitability. Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. Okmetic's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process. Okmetic has a global customer base and sales network, production plants in Finland and the US and contract manufacturers in Japan and China. Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com. [HUG#1453320] |
|||
|