Atria records EUR 2.3 million of non-recurring costs
ATRIA PLC Company Announcement 21 December 2011, 3:00 pm
Atria records EUR 2.3 million of non-recurring costs
Atria will record a total of EUR 2.3 million of non-recurring costs for the last quarter of 2011.
A loss of EUR 1.2 million will be recorded following the sale of real estate occupied by the UAB Vilniaus Mesa factory in Lithuania. The value of Atria Finland’s logistics real estate in Forssa, which is currently for sale, will be depreciated by EUR 1.8 million. The depreciations will have no effect on cash flow.
Furthermore, a profit of EUR 0.7 million will be recorded following the sale of real estate occupied by Atria Scandinavia’s Saltsjö-Boo factory.
The company retains its forecast for 2011. The company expects its full-year EBIT to be significantly lower than the 2010 EBIT excluding non-recurring items (EUR 21.6 million). A growth in net sales is forecasted for 2011.
For more information, please contact Mr Juha Gröhn, CEO, tel. +358 400 684 224.
ATRIA PLC
Juha Gröhn
CEO
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Major media
www.atriagroup.com