Olvi Changes Its Near-Term Outlook
Olvi plc Inside information 18 October 2022 at 2.30 pm Olvi Changes Its Near-Term Outlook The operating profit from continuing operations in 2022 is expected to decrease from the previous year. Costs arising from raw materials, packaging materials, energy and logistics are increasing at an exceptionally high rate, and there are challenges with availability. The increase in costs is expected to continue in the near future. It has not yet been possible to fully transfer the cost increases to sales prices, especially in Finland and Denmark. Olvi