2017-07-21 07:00:12 CEST

2017-07-21 07:00:12 CEST


REGULATED INFORMATION

Finnish English
Plc Uutechnic Group Oyj - Other information disclosed according to the rules of the Exchange

UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017


PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE 21.7.2017 at 8:00 am

UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017

Uutechnic Group expects its revenue to be lower than in 2016 and the operating
profit to remain at the last year's level. Previous was announced that the
turnover is expected to continue to grow and the operating profit to improve.

The revision of the outlook is resulting from quality issues of construction
materials on one Japrotek Oy Ab's project that was delivered in the first half
of the year and a low order backlog. The restructuring of operations at Japrotek
will have a full impact in 2018.

Plc Uutechnic Group Oyj will publish the Half-year report on July 28th 2017.







In Uusikaupunki July 21st, 2017



PLC UUTECHNIC GROUP OYJ



Board of Directors





Further information:

Jouko Peräaho, toimitusjohtaja, Plc Uutechnic Group Oyj, +358 500 740808



Uutechnic Group is focused on improving the competitiveness of its customers by
providing them advanced equipment technology and unique service concept
worldwide. The product range includes agitators, different types of pressure
vessels, process- and storage tanks, reactors and heat exchangers. Additionally
different types of long welded and machined axially symmetrical parts as rolls,
cylinders, tubes and cones.

The main industries are hydrometallurgy, mining-, pulp and paper-, food-,
fertilizer-, other chemical industries and environmental technology.

Uutechnic Group's business consists of one segment, Process Solutions, which is
divided into two business lines: Mixing Technology and Tanks & Rolls. Mixing
Technology business line consists of Stelzer Rührtechnik Int. GmbH and Uutechnic
Oy. Tanks & Rolls business line consists of Japrotek Oy Ab and AP-Tela Oy.

www.uutechnicgroup.fi


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