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2017-10-25 07:30:47 CEST 2017-10-25 07:30:47 CEST REGLAMENTUOJAMA INFORMACIJA Consti Yhtiöt Oyj - Inside informationConsti Group Plc: Advance information on third quarter net sales and operating resultCONSTI GROUP PLC STOCK EXCHANGE RELEASE 25 OCTOBER 2017, at 8.30 a.m. Consti Group Plc: Advance information on third quarter net sales and operating result Consti Group's preliminary net sales are EUR 77.8 million and preliminary operating result is EUR -0.8 million for July-September 2017. In July-September 2016 net sales were EUR 70.6 million and operating result was EUR 3.7 million. The figures are based on unaudited information. A detailed project appraisal was carried out in the Technical Building Services business area. As a result of this appraisal, project cost assessments that lessen the Group's operating result in the third quarter have been adjusted. The Company's operating result is weakened by profitability problems relating to project management and execution in the Technical Building Services business area. Outlook for 2017 published on September 15(th) 2017 is unchanged: Company estimates that its total annual net sales for 2017 will grow compared to 2016 but operating profit will be lower than in 2016. Consti Group Plc publishes its interim report for January-September 2017 on Thursday, 9 November 2017. CONSTI GROUP PLC Further information: Esa Korkeela, Interim CEO, Consti Group Plc, Tel. +358 40 730 8568 Distribution: Nasdaq Helsinki Ltd. Major media www.consti.fi Consti is a leading Finnish company concentrating on renovation and technical services. Consti offers comprehensive building technology, pipeline renovation, renovation contracting, façade renovation and other demanding construction and maintenance services for residential and commercial buildings. In 2016, Consti Group's net sales amounted to 262 million euro. It employs over 1000 professionals in renovation construction and building technology. Consti Group Plc is listed on Nasdaq Helsinki. The trading code is CONSTI. www.consti.fi [] |
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