CHANGE TO HONKARAKENNE OYJ’S FINANCIAL GUIDANCE

1/4/2013 4:45 AM EST

Honkarakenne Oyj
Company Announcement

CHANGE TO HONKARAKENNE OYJ’S FINANCIAL GUIDANCE

HONKARAKENNE OYJ Stock Exchange Release 4 January 2013 at 11:45 a.m.

CHANGE TO HONKARAKENNE OYJ’S FINANCIAL GUIDANCE

Honkarakenne changes its market guidance as concerns profit.

It is Honkarakenne’s view that the profit before taxes in 2012 will be
significantly lower than the previous year. 

The reason for change in the market guidance is the today’s conclusion of
negotiations under the act on co-operation negotiations launched 8 November
2012. Due to co-operation negotiations Honkarakenne will enter 3.5 million
euros non-recurring costs and write-offs for 2012, of which 2.0 million euros
are write-offs of fixed assets and 1.5 million euros are provision costs for
dismissals. 

Profit before taxes without non-recurring items will be lower than the previous
year. 

Honkarakenne’s previous guidance was the following: Honkarakenne’s view is that
the net sales and profit before taxes in 2012 will be lower than the previous
year. 

HONKARAKENNE OYJ



Mikko Kilpeläinen

President and CEO



Further information:

President and CEO Mikko Kilpeläinen, tel. +358 50 542 5884
  

or CFO Mikko Jaskari, tel. +358 400 535 337,  







DISTRIBUTION

Nasdaq OMX Helsinki Oy

Key media

Financial Supervisory Authority

www.honka.com