Dovre Group Oyj - Company Announcement

DOVRE GROUP LOWERS ITS PROFIT GUIDANCE FOR 2013

Helsinki, Finland, 2013-06-19 15:10 CEST (GLOBE NEWSWIRE) -- 
Dovre Group Plc             Stock Exchange Bulletin               June 19, 2013
at 4.10pm 

DOVRE GROUP LOWERS ITS PROFIT GUIDANCE FOR 2013

Dovre Group lowers its forecast for operating result for the full year 2013.
Profitability is affected by unexpected costs reported in the first quarter and
the weaker than expected performance of the Group's Consulting business area in
Finland, Sweden, and biorenewables. The Group has taken corrective action to
improve profitability in the Consulting business area, with results to be seen
mainly in 2014. The Group has not changed its sales guidance. 

New guidance:
In 2013, net sales are expected to grow from 2012. In 2013, operating result
excluding extraordinary items is expected to remain below 2012 operating
result, being 1.5 - 3% of net sales. 

Previous guidance:
In 2013, net sales and operating result are expected to grow from 2012.


In 2012, Dovre Group's net sales were EUR 94.1 million and operating result EUR
3.4 million. 

Dovre Group's interim report for January 1 - June 30, 2013, will be released on
Thursday July 25, 2013. 


Dovre Group Plc
Janne Mielck, CEO

For more information, please contact:

Dovre Group Plc
Janne Mielck, CEO
Tel. +358 (0)20 436 2000
janne.mielck@dovregroup.com

www.dovregroup.com

Dovre Group is a global provider of project management services. Dovre Group
has two business areas: Project Personnel and Consulting. In 2012, the Group's
net sales were EUR 94 million. Dovre Group employs over 450 people worldwide.
Dovre Group is listed on the NASDAQ OMX Helsinki (symbol: DOV1V). 

DISTRIBUTION:
NASDAQ OMX Helsinki Plc
Major media