Nurminen Logistics Plc Stock Exchange Release 25 September 2012 at 10 a.m.
Nurminen Logistics Plc has decided to update its outlook for the year to be more positive. The year 2012 has exceeded expectations, particularly with regard to the company’s result. The company’s performance has improved across all business areas.
Profitability has improved particularly in railway logistics due to the positive development in Russian operations, greater efficiency in the operation of wagons and strong development in the customer base. The company’s transit logistics in the Baltic countries has also developed better than expected.
Nurminen Logistics is updating its outlook for 2012.
Outlook published on 12 April 2012:
The net sales of the company are expected to increase in 2012 compared to 2011. The company’s operating result is expected to be clearly better than in 2011.
New outlook published on 25 September 2012:
The net sales of the company are expected to increase in 2012 compared to 2011. The company's operating result is expected to be significantly better than in 2011, with the estimated figure being EUR 5-6 million.
Nurminen Logistics will publish the third quarter interim report on 2 November 2012.
Nurminen Logistics Plc
Topi Saarenhovi
President and CEO
For further information, please contact: Topi Saarenhovi, President and CEO, tel. +358 10 545 2431
Distribution:
NASDAQ OMX Helsinki
Major media
www.nurminenlogistics.com
Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding, special and heavy transport and value added services. The company has collected logistics know-how from three centuries, starting in 1886. Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia and other Eastern European countries. The company’s share is listed on NASDAQ OMX Helsinki.