Helsinki, Finland, 2015-10-13 08:00 CEST (GLOBE NEWSWIRE) --
Ixonos Plc Stock Exchange Release 13 October 2015 at 09:00
PROFIT WARNINIG – IXONOS REDUCES ITS MARKET GUIDANCE
Due to the timing of the certain projects as well as lower than expected revenue the company’s forecast for the full year 2015 turnover is between 16 – 18 million Euros.The company assesses its operating result to decrease in comparison to 2014 and its operative cash flow for the year to be negative.
Previously the company assessed that its operating result before non-recurring items was expected to improve compared to 2014. The cash flow was expected to remain negative but to improve in the second half of the year 2015 in comparison to beginning of the year.
IXONOS PLC
Board of Directors
Additional information:
Ixonos Plc.
- Sami Paihonen, CEO, tel. +358 50 502 1111, sami.paihonen@ixonos.com
- Kristiina Simola, CFO, tel. +358 40 756 3132, kristiina.simola@ixonos.com
Distribution:
NASDAQ OMX Helsinki
Main Media
