Profit warning: Toivo Group Plc reduces its guidance due to the change in the market's yield requirements
Company release, inside information, 25 November 2022 at 7.20 p.m. Toivo Group Oyj ("Toivo" or "Company") reduces its guidance for the year 2022. Due to the rise in market interest rates, Toivo's external valuator estimates that the yield requirements for apartments will increase in the fair value review carried out before the end of the year. Correspondingly, for example, increases in apartment rents at the turn of the year support apartment valuation levels. The company's operational processes have been implemented during the 2022 financial year almost as planned. The estimated