LÄNNEN TEHTAAT SHOWS A FIRST QUARTER LOS
Lännen Tehtaat plc Stock exchange bulletin April 11, 2003 at
9.30 a.m.
LÄNNEN TEHTAAT SHOWS A FIRST QUARTER LOSS
The Lännen Tehtaat showed a loss after financial items of
approximately EUR 1 million in the first quarter of 2003. This was
below the targeted figure. In 2002 there was a first quarter profit
of EUR 0.1 million.
Group results have been affected in the Food Division by the
competitive new situation in trading, and in the Agricultural
Division by lower demand and higher raw material prices.
The Lännen Tehtaat interim report for the first quarter of 2003 will
be published on May 13, 2003.
LÄNNEN TEHTAAT PLC
Erkki Lepistö
President and CEO
For more information, please contact President and CEO Erkki Lepistö,
tel. +358 2 8397 4001.
Distribution:
Helsinki Exchanges
Key media
www.lannen.fi