Componenta changes its guidance for the year 2015 result given in the Q3 2015 interim report. The result after financial items excluding one-time items is expected to be lower than at the same time in the previous year mainly due to the development of productivity which has been lower than expexted. In addition, the changes in foreign exchange rates will impact on the result prospect.
New guidande for the year 2015 is:
Componenta’ operating profit excluding one-time items and exchange rate differences of operative balance sheet items is expected to stay behind previous year. Also the result after financial items excluding one-time items is expected to be lower than in the previous year.
Earlier guidance for the year 2015 was:
Componenta’s operating profit excluding one-time items and exchange rate differences of operative balance sheet items is expected to stay behind previous year. However, Componenta expects the 2015 result after financial items excluding one-time items to improve from previous year.
Helsinki, 27 November 2015
COMPONENTA CORPORATION
Harri Suutari
President and CEO
For further information, please contact:
Harri Suutari
President and CEO
tel. +358 400 384 937
Henri Berg
CFO
tel. +358 10 403 2707
Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 495 million in 2014 and its share is listed on Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.