Technopolis Updates Its Outlook for 2015


TECHNOPOLIS PLC     STOCK EXCHANGE RELEASE    June 12, 2015 at 1.00 p.m.

Technopolis Updates Its Outlook for 2015

Technopolis is updating its outlook for the current year. The main factors behind this are a good operational start for the year, a stable outlook for the rest of the year and non-recurring gains of EUR 2.8 million. The non-recurring gains are from two agreed early termination agreements with customers in Oulu. The deals will further decrease Technopolis’ dependence on the ICT/mobile cluster, while enabling the company to bring new customers into the space immediately.

We expect net sales to grow 4
6% (2014: EUR 161.7 million) and EBITDA by 57% (2014: EUR 87.2 million).

In the previous outlook, released February 10, 2015, Technopolis forecasted that its net sales and EBITDA in 2015 would be at the same level as 2014 or slightly higher.

Technopolis will publish its Interim Report for January-June 2015 on Thursday, August 20, 2015.

Technopolis Plc

Board of Directors

Further information:
Keith Silverang
CEO
Tel. +358 40 566 7785
e-mail:
keith.silverang@technopolis.fi

Technopolis provides the best addresses for companies to operate and succeed in five countries in the Nordic–Baltic region. The company develops, owns and operates a chain of 20 smart business parks that combine services with flexible and modern office space. The company’s core value is to continuously exceed customer expectations by providing outstanding solutions to 1,700 companies and their 47,000 employees in Finland, Norway, Estonia, Russia, and Lithuania. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.