Tikkurila lowers its guidance for 2014

Tikkurila Oyj
Stock Exchange Release
November 14, 2014 at 2:00 p.m. (CET+1)
Tikkurila lowers its guidance for 2014

The depreciation of the Russian ruble has accelerated in the past few weeks,
which has a significant negative impact on Tikkurila's euro-denominated revenue
for 2014. In addition, the weakened economic situation has clearly reduced the
demand for paint during the last few weeks in Russia, in particular. The
decrease in revenue and weak foreign exchange rates will have a negative impact
also on the operating profit for 2014.

New guidance:

Tikkurila expects its revenue and EBIT excluding non-recurring items for the
financial year 2014 to be below the 2013 level.

Previous guidance:

Tikkurila expects its revenue and EBIT excluding non-recurring items for the
financial year 2014 to remain at the 2013 level.


Tikkurila Oyj
Erkki Järvinen, President and CEO


For further information, please contact:

Erkki Järvinen, President and CEO, tel. +358 400 455 913,
erkki.jarvinen@tikkurila.com


For 150 years already, Tikkurila has provided consumers and professionals with
user-friendly and sustainable solutions for surface protection and decoration.
Tikkurila wants to be the leading paint company in the Nordic area as well as in
Russia and other selected Eastern European countries. - Tikkurila inspires you
to color your life.

www.tikkurilagroup.com


About Us

Sustainable NordicnessTikkurila is a leading Nordic paint company with expertise that spans decades. We develop premium products and services that provide our customers with quality that will stand the test of time and weather. We operate in around ten countries and our 3,000 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2017, our revenue totaled EUR 582 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862. www.tikkurilagroup.com

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