Caverion Oyj - Company Announcement

Caverion specifies its guidance regarding revenue

Helsinki, Finland, 2014-01-09 08:20 CET (GLOBE NEWSWIRE) -- 

CAVERION CORPORATION    STOCK EXCHANGE RELEASE    JANUARY 9, 2014 AT 9:20


Caverion specifies its guidance regarding revenue

Caverion Corporation specifies its guidance announced in June 2013, regarding
the revenue for the second half of 2013. 

Caverion now estimates that the Group's revenue for the second half of the year
2013 will be slightly below the previous guidance and is approximately EUR 1.29
billion, due to lower than expected service and maintenance revenue in December
and postponements in Caverion's project start-ups in Germany, among others. 

The company repeats its previous guidance regarding EBITDA.

New guidance:

Caverion estimates that the Group's revenue for the second half of 2013 will be
approximately EUR 1.29 billion and EBITDA more than EUR 50 million. 

The guidance does not take into account the non-recurring expenses related to
the demerger, nor the expenses related to any potential mergers or
acquisitions. 

Previous guidance announced on June 4, 2013:

Caverion estimates that the Group's revenue for the second half of 2013 is more
than EUR 1.3 billion and EBITDA more than EUR 50 million. 

The guidance does not take into account the non-recurring expenses related to
the demerger, nor the expenses related to any potential mergers or
acquisitions. 


Caverion Corporation's Financial Statements bulletin for 2013 will be published
on Tuesday, January 28, 2014. 

For additional information, please contact:

Antti Heinola, Chief Financial Officer, Caverion Corporation, tel. +358 40 352
1033, antti.heinola@caverion.fi 
Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328,
milena.haeggstrom@caverion.fi 


CAVERION CORPORATION


Distribution: NASDAQ OMX, principal media, www.caverion.com

Caverion designs, builds and maintains user-friendly and energy-efficient
building systems and offers industrial services. Our services are used in
offices and retail properties, housing, public premises and industrial plants,
among other places. We aim to be the number one building systems company in
Europe. Our strengths include technological competence and customer-oriented
service, covering all building systems throughout the life cycle of the
property. Caverion was established through the demerger of Building Services
and Industrial Services businesses from YIT Group on June 30, 2013. Our revenue
for 2012 amounted to approximately EUR 2.8 billion. Caverion has over 18,000
employees in 13 countries in Northern and Central Europe. The company's shares
are listed on the NASDAQ OMX Helsinki. www.caverion.com