Trainer's House Oyj - Company Announcement

Profit warning – Trainers’ House lowers its outlook for sales and profit for 2012

Espoo, 2012-06-20 13:00 CEST (GLOBE NEWSWIRE) -- TRAINERS' HOUSE PLC, STOCK
EXCHANGE RELEASE, 20 JUNE 2012 AT 14:00 

Trainers' House lowers its outlook for 2012 so that the company now estimates
that the net sales for 2012 will be lower than in 2011. The company estimates
that the operating profit (EBIT) before non-recurring items and depreciation
resulting from the allocation of acquisition cost will be positive, but lower
than in 2011. 

In the current uncertain market conditions the company's sales in the first
half of 2012 have not developed in the anticipated manner, as a result of which
the company revises its outlook for the net sales of 2012. Even though the
company's operating expenses are currently lower than anticipated, the weaker
than expected net sales will also result in lower operating profit. 

In its previous outlook Trainers' House estimated that net sales for 2012 would
remain at the same level and operating profit after depreciation resulting from
the allocation of acquisition cost to improve year-on-year. Previous year's
comparable figures were EUR 15.7 million in net sales and EUR 1.6 million in
operating profit before non-recurring items and depreciation resulting from the
allocation of acquisition cost. 


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 > Investors

Attachments:

Porssitiedote 20.6.2012 eng.pdf