Raute's profit outlook for 2019 weakened
RAUTE CORPORATION INSIDE INFORMATION JUNE 25, 2019 at 1:00 p.m. RAUTE'S PROFIT OUTLOOK FOR 2019 WEAKENED Raute's profit outlook for 2019 has weakened. Net sales are estimated to decline from the record-breaking year 2018. Operating profit is estimated to weaken from the previous, record-high also what becomes to operating profit, year. Previously the company has estimated net sales and operating profit to remain at the level of the preceding year. In 2018, the Group's net sales were EUR 181.0 million and the operating profit was EUR 14.9 million. Raute's weakened net sales and