THIRD-QUARTER OPERATING PROFIT (EXCLUDING NON-RECURRING ITEMS) BETTER THAN ANTICIPATED, BUT FULL-YEAR RESULT EXPECTATION UNCHANGED
LÄNNEN TEHTAAT PLC STOCK EXCHANGE RELEASE 16 October 2009, 9.30 am
THIRD-QUARTER OPERATING PROFIT (EXCLUDING NON-RECURRING ITEMS) BETTER THAN
ANTICIPATED, BUT FULL-YEAR RESULT EXPECTATION UNCHANGED
In Lännen Tehtaat's second-quarter interim report published on 14 August 2009,
the Group summed up its profit expectations for the rest of the year as follows:
“Thanks to the measures taken to develop the Group's different businesses, the
third-quarter operating profit from the continuing operations, excluding
non-recurring items, is estimated to be at about the same level as in 2008. On
the basis of the profit performance for the first half-year, the full-year
operating profit, excluding non-recurring items, from the Group's continuing
operations is expected to be at around the previous year's level.”
With the profit of the Grains and Oilseeds business being better than expected,
the continuing operations' third-quarter operating profit, excluding
non-recurring items, is about EUR 1.3 (0.3) million, based on preliminary
figures. Expectations regarding the Group's full-year operating profit remain
unchanged.
The preliminary figures are unaudited and are not based on an interim report
approved by the Board of Directors. Lännen Tehtaat plc's interim report for 1
January - 30 September 2009 will be published on 6 November 2009 at 8.30 am.
LÄNNEN TEHTAAT PLC
Matti Karppinen
CEO
Further information: Matti Karppinen, CEO, tel. +358 10 402 4001
Copies to:
NASDAQ OMX Helsinki Ltd
Main media
www.lannen.fi