PRELIMINARY INFORMATION ON PANOSTAJA’S YEAR 2016 PERFORMANCE


Panostaja Oyj            Stock Exchange Bulletin, December 1, 2016, 10:00 a.m.

According to Panostaja’s preliminary information the company’s net sales for the year 2016 is estimated to be some 172 million euros (148,2 million euros year 2015) and EBIT is estimated to be some 9 million euros (7,3 million euros).

According to Panostaja’s result guidance issued on December 11, 2015 the Group’s EBIT is expected to improve substantially over the course of the 2016 financial period.

Panostaja will publish its Financial Statements 1 November 2015-31 October 2016 on 9 December 2016 as informed previously.

Panostaja Oyj

Board of Directors

 

Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja operates in eight business segments, and Panostaja Group employs some 1,200 staff. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2015 financial period, the Group’s official net sales totaled MEUR 148.2.

www.panostaja.fi