Espoo, Finland, 2015-05-28 14:05 CEST (GLOBE NEWSWIRE) --
Dovre Group Plc Stock exchange bulletin May 28, 2015 at 3:05 pm
Dovre Group updates its financial guidance for 2015
Following the merger between Dovre Group Plc and Norwegian Petroleum Consulting Group AS on May 28, 2015 and based on the current market climate, the Board of Directors of Dovre Group has reviewed the Group’s financial guidance for 2015.
New guidance for 2015: Net sales are expected to be EUR 120-130 million and the EBITDA excluding non-recurring items EUR 1.5-2.5 million. NPC’s financials will be consolidated into Dovre Group’s financials from May 28, 2015.
Previous guidance, released on April 29, 2015: Net sales are expected to be at the same level as in 2014. Operating result is expected to improve from 2014. The guidance does not include non-recurring items related to the potential NPC merger nor its impact on net sales or operating result.
For additional information, please contact:
DOVRE GROUP PLC
Patrick von Essen, CEO
tel. +358-20-436 2000
patrick.essen@dovregroup.com
www.dovregroup.com
Dovre Group is a global provider of project management services. Dovre Group has two business areas: Project Personnel and Consulting. Dovre Group has offices in Norway, Canada, the US, Singapore, South Korea, the UAE, Russia, Finland and Sweden, and employs around 850 people worldwide. Dovre Group is listed on the NASDAQ OMX Helsinki (symbol: DOV1V). Company web site www.dovregroup.com
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