SIGNIFICANT NON-RECURRING PROFIT FROM ASSOCIATED COMPANY IN THIRD QUARTER
LÄNNEN TEHTAAT PLC STOCK EXCHANGE RELEASE 5 September, 2008 at 1;30 p.m.
SIGNIFICANT NON-RECURRING PROFIT FROM ASSOCIATED COMPANY IN THIRD QUARTER
Suomen Sokeri Oy, a subsidiary of Lännen Tehtaat plc's associated company Sucros
Ltd, has agreed on the sale of its beta-amylase enzyme business to Genencor
International Oy. The transaction, which includes the production facility and
industrial property in Jokioinen, will be concluded at the end of September.
Following this transaction, Lännen Tehtaat will recognize a non-recurring profit
of approximately EUR 2 million under proceeds from associated companies in its
financial result for the third quarter.
LÄNNEN TEHTAAT PLC
Matti Karppinen
CEO
More information: CEO Matti Karppinen, tel. +358 (0)10 402 4001
Distribution:
OMX Nordic Exchange Helsinki
Principal media
www.lannen.fi