Aspo - Other information disclosed according to the rules of the Exchange

Aspo Investor Event: Telko aims to double its operating profit by the end of 2020

ASPO PLC             STOCK EXCHANGE RELEASE  November 22, 2017 at 9:30 a.m.


ASPO INVESTOR EVENT: TELKO AIMS TO DOUBLE ITS OPERATING PROFIT BY THE END OF
2020

The Aspo conglomerate will hold an investor event in Helsinki today on November
22, 2017, at 11:00 a.m. Aki Ojanen, CEO of Aspo Group, will give a presentation
about leading and developing Aspo's subsidiaries to meet the Groups's long-term
financial targets.


After this, the focus will be shifted to Telko, one of Aspo's subsidiaries.
Telko is the leading expert and supplier of plastic raw materials and industrial
chemicals in Finland and its neighboring areas. Telko acts as a link between raw
material producers and users of chemicals, and provides expert services to small
and medium-sized subcontractors that manufacture plastic components. Kalle
Kettunen, Managing Director of Telko, will present Telko's long-term financial
targets, based upon its business, operational environment and strategic work,
which support the realization of Aspo Group's targets.

The presentation material for the event is available today at 11:00 a.m. on
Aspo's website, at www.aspo.com.

Telko estimates its net sales to be at EUR 300-350 million and operating profit
at 6-7 percent by the end of 2020

Telko's market environment drives growth. In the third-party distribution
business, volume typically correlates with GDP growth, and a significant part of
Telko's sales are in rapidly growing emerging economies. The company's growth is
further supported by positive development in the distribution market and an
increasing demand for tailored services and products. Telko is continuously
developing new value-added services, and aims for higher profitability through
unifying and optimizing its operations. In addition to the estimated growth that
is mainly organic, the market offers good M&A opportunities for speeding up
growth.

Aspo's guidance for 2017 and financial targets remain unchanged

Aspo's operating profit will be EUR 23-26 (20.4) million in 2017.

Aspo's financial targets remain unchanged. Aspo's objective is to reach an
average return on equity of over 20%, gearing of up to 100% and an operating
profit of 7% with current structure by 2020.

ASPO PLC

Aki Ojanen
CEO

Further information:
Aki Ojanen, CEO, Aspo Plc, tel. +358 400 106 592, aki.ojanen(a)aspo.com and
Kalle Kettunen, CEO Telko Ltd, tel. +358 40 558 5478, kalle.kettunen(a)telko.com

Aspo is a conglomerate that owns and develops business operations in Northern
Europe and growth markets, focusing on demanding B2B customers. Our strong
business brands - ESL Shipping, Leipurin, Telko and Kauko - aim to be the market
leaders in their sectors. They are responsible for their own operations,
customer relationships, and their development. Together they generate Aspo's
goodwill. Aspo Group's structure and business operations are continually
developed without any predefined schedule.

Telko is a leading expert and supplier of plastic raw materials and industrial
chemicals. Business is based on representation of the best international
principals and on the expertise of the personnel. In 2016, Telko's net sales
were EUR 240.3 million and operating profit was EUR 10.1 million.



DISTRIBUTION:
Nasdaq Helsinki
Key media
www.aspo.fi



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