Profit warning: Raute Corporation's operating profit for 2021 will remain at the level of 2020 due to the new agenda decision issued by IFRIC on IT cloud services
RAUTE CORPORATION INSIDE INFORMATION JANUARY 25, 2022 at 9.00 a.m.PROFIT WARNING: RAUTE CORPORATION’S OPERATING PROFIT FOR 2021 WILL REMAIN AT THE LEVEL OF 2020 DUE TO THE NEW AGENDA DECISION ISSUED BY IFRIC ON IT CLOUD SERVICES According to preliminary, unaudited information, Raute’s operating profit for 2021 will be weaker than previously estimated. According to the preliminary, unaudited information Raute Group’s net sales for 2021 were EUR 142 million (2020: 115 M€). Operating profit will be EUR 2.2 million negative (2020: 1.9 M€ negative). Previously the company has