Dovre Group Oyj - Company Announcement

Dovre Group updates its financial guidance for 2015

Espoo, Finland, 2015-05-28 14:05 CEST (GLOBE NEWSWIRE) -- 
Dovre Group Plc               Stock exchange bulletin                     May
28, 2015 at 3:05 pm 

Dovre Group updates its financial guidance for 2015

Following the merger between Dovre Group Plc and Norwegian Petroleum Consulting
Group AS on May 28, 2015 and based on the current market climate, the Board of
Directors of Dovre Group has reviewed the Group's financial guidance for 2015. 

New guidance for 2015: Net sales are expected to be EUR 120-130 million and the
EBITDA excluding non-recurring items EUR 1.5-2.5 million. NPC's financials will
be consolidated into Dovre Group's financials from May 28, 2015. 

Previous guidance, released on April 29, 2015: Net sales are expected to be at
the same level as in 2014. Operating result is expected to improve from 2014.
The guidance does not include non-recurring items related to the potential NPC
merger nor its impact on net sales or operating result. 



For additional information, please contact:
DOVRE GROUP PLC
Patrick von Essen, CEO
tel. +358-20-436 2000
patrick.essen@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. Dovre Group has
offices in Norway, Canada, the US, Singapore, South Korea, the UAE, Russia,
Finland and Sweden, and employs around 850 people worldwide. Dovre Group is
listed on the NASDAQ OMX Helsinki (symbol: DOV1V). Company web site
www.dovregroup.com 

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