Trainer's House Oyj - Company Announcement

Profit warning – Trainers’ House lowers its outlook for 2013

Espoo, 2013-06-26 13:30 CEST (GLOBE NEWSWIRE) -- TRAINERS' HOUSE PLC, STOCK
EXCHANGE RELEASE, 26 JUNE 2013 AT 14:30 

Trainers' House lowers its outlook for 2013. The company now estimates that the
net sales for 2013 will be clearly lower than in 2012. The company estimates
that the operating profit before non-recurring items and depreciation resulting
from the allocation of acquisition cost will be lower than in 2012. 

The company's volume of orders in the second quarter of 2013 has not developed
in the anticipated manner, which the company estimates to have a clearly
negative effect on the net sales for the second half of the fiscal year. The
clear reduction in the net sales will have an adverse effect on the
profitability regardless of the cost saving measures already implemented. 

Previously Trainers' House estimated that net sales for 2013 would be lower
than in 2012, and operating profit before non-recurring items and depreciation
resulting from the allocation of acquisition cost to be at approximately the
same level as in 2012. The comparable figures for the net sales of 2012 was EUR
13.3 million and operating profit before non-recurring items and depreciation
resulting from the allocation of acquisition cost was EUR 1.2 million. 


TRAINERS' HOUSE PLC

BOARD OF DIRECTORS

FURTHER INFORMATION
Aarne Aktan, tel. +358 40 342 4440
Chairman of the Board

DISTRIBUTION
OMX Nordic Exchange, Helsinki
Main media
www.trainershouse.fi

Bifogade filer:

Porssitiedote 26.6.2013 ENG.pdf