Lännen Tehtaat - Company Announcement

LÄNNEN TEHTAAT’S FIRST-QUARTER PROFIT EXPECTED TO FALL SHORT OF PREVIOUS YEAR’S LEVEL

LÄNNEN TEHTAAT PLC, Stock Exchange Release, 20 March 2012 at 9.00 (EET)

In its financial statements bulletin of 16 February, Lännen Tehtaat gave an
assessment of expected future developments, in which it stated that the accrual
of profit in 2012 is expected to be weighted more strongly towards the end of
the year than it was in 2011.It was stated that this was especially because in
the first six months of 2011 the Grains and Oilseeds business had an
exceptionally good profit. 

The Group's first quarter 2012 operating profit, excluding non-recurring items,
is expected to be short of the previous year's level and is expected to be
negative, as in the Grains and Oilseeds business the grain trade has been
considerably quieter than previously forecasted and the vegetable oil refining
margin has been down year on year. 

In addition, in the financial statements bulletin it was stated that the
Group's full-year operating profit, excluding non-recurring items, is expected
to be higher than the previous year. Since the profit forecast for the
beginning of the year is lower than anticipated, this also generates
uncertainty regarding realisation of the profit guidance for the full year. 

Lännen Tehtaat will publish its Q1 (January-March) interim report on 4 May 2012
at 8.30 a.m. 



LÄNNEN TEHTAAT PLC



Matti Karppinen
CEO



Further information:

Matti Karppinen, CEO, tel. +358 (0)10 402 00



Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.lannen.fi