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2009-11-10 15:45:00 CET 2009-11-10 15:45:01 CET REGULATED INFORMATION Talentum Oyj - Company AnnouncementTALENTUM LOWERS ITS FORECAST FOR 2009TALENTUM OYJ COMPANY ANNOUNCEMENT NOVEMBER 10, 2009 AT 16.45 TALENTUM LOWERS ITS FORECAST FOR 2009 Talentum Oyj lowers its forecast for 2009. Group's net sales for 2009 are estimated to remain under that of last year's by about thirty percent, because the demand for media advertising has fallen more than estimated towards the end of the year. Operating profit before non-recurring expenses for 2009 is estimated to be negative. The loss is estimated not to exceed about one million euros. Previously Talentum estimated that in the event that the general economic climate and advertising market situation at the end of the year are at the same level as for the first half of the year, its full year net sales will be about a quarter below last year's and operating profit before non-recurring expenses will be slightly positive. Operating profit after non-recurring expenses was estimated to be negative. TALENTUM OYJ Juha Blomster CEO Further information CEO Juha Blomster, tel + 358 40 342 4444 CFO Kaisa Kokkonen, tel + 358 40 342 4212 Distribution NASDAQ OMX Helsinki Principal media |
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