Vaahto Group Plc Oyj - Company Announcement

VAAHTO GROUP LOWERS ITS FISCAL YEAR 2010 - 2011 OUTLOOK

Lahti, Finland, 2011-09-01 15:00 CEST (GLOBE NEWSWIRE) -- VAAHTO GROUP PLC OYJ
STOCK EXCHANGE BULLETIN 1.9.2011 at 16.00 

VAAHTO GROUP LOWERS ITS FISCAL YEAR 2010 - 2011 OUTLOOK

Vaahto Group estimated in the Interim Management Statements published on July
1, 2011 for September, 2010 - July 1, 2011 that the result of the Group is
expected to improve significantly from the previous fiscal year's figure, and
the full-year operating profit is expected to be slightly positive. 

According to the current view, the result of the Group is expected to improve
from the previous fiscal year's figure, but the full-year operating profit is
expected to remain negative. 

The change in guidance is based on that turnover of the Pulp & Paper Machinery
division's project business remained lower than expected during the last three
months of the fiscal period. In addition to that, the increase in acquisition
costs has weakened the profitability of one essential project from previously
predicted. Despite lower turnover forecast for the full year, the turnover of
the Pulp & Paper Machinery division will grow to approximately 80 % from the
previous fiscal year. Similarly, the division's operating profit will improve
significantly from the previous fiscal year. 

Lahti 1.9.2011

VAAHTO GROUP PLC OYJ

Board of Directors

Vaahto Group is a globally operating high technology company serving process
industry in the fields of pulp and paper machinery and process machinery. 


         For more information, please contact:
         Anssi Klinga
         CEO, Vaahto Group Plc Oyj
         Tel.: +358 50 466 1470