Inside information, profit warning: Sitowise lowers its full year adjusted EBITA margin (%) guidance while maintaining net sales guidance, and provides preliminary key figures for the third quarter
Sitowise Group Plc Stock Exchange Release 19 October 2023 at 2.00 p.m. (EEST) Sitowise lowers its full year adjusted EBITA margin (%) guidance due to weakened market outlook especially in the Buildings business area and the weaker than expected performance in the Sweden business area in the third quarter. Sitowise keeps its full year 2023 net sales guidance unchanged. New guidance: Sitowise Group estimates that its net sales in year 2023 in euros will increase compared to 2022, and that its adjusted EBITA margin (%) for the whole year 2023 will be below year-to-date adjusted EBITA