Seinäjoki, Finland, 2014-11-13 07:15 CET (GLOBE NEWSWIRE) --
Atria Plc Company Announcement / Profit warning 13 November 2014 at 8.15 am
Atria raises its EBIT forecast
Atria has been able to improve its sales structure and cost efficiency better than expected. In Russia the strong increase in raw material prices has stabilized in October, however there are still ongoing challenges in the Russian business environment.
For these reasons, Atria raises its full-year EBIT forecast.
The company estimates its full-year 2014 EBIT without non-recurring items to be at the same level as the previous year's EBIT of EUR 37.0 million. Net sales are expected to grow in 2014.
According to Atria's previous EBIT forecast for 2014, the Group's EBIT was estimated to fall clearly short of the EUR 37.0 million EBIT the previous year. Net sales were expected to grow in 2014.
Atria will publish its Financial Statements for the year 2014 on 12 February 2015 at 8.00 am.
For more information, please contact Heikki Kyntäjä, CFO, Atria Plc, tel. +358 40 197 1387.
ATRIA PLC
Juha Gröhn
CEO
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Principal media
www.atriagroup.com