PROFIT WARNING OF THE BIOHIT GROUP
BIOHIT PLC STOCK EXCHANGE RELEASE 25.6.2002 AT 13:30
PROFIT WARNING OF THE BIOHIT GROUP
It is estimated that the net sales of the Biohit Group increases in
2002 in accordance with the level of the first quarter of 2002, i.e.,
approx. 2-3%. Deviating from what has been reported earlier it is
estimated that the result after taxes for 2002 will be negative.
The most important factors affecting the development of the result of
Biohit are the development of the liquid handling product market in
the U.S., which has been weaker than anticipated, and the slowness of
the launch of the gastric test panel (GastroPanel). The launch of the
gastric test panel is retarded especially by evaluations carried out
abroad, which have taken longer than anticipated, and the application
procedures for receiving approvals by authorities.
Additional information: Osmo Suovaniemi, President & CEO, tel: +358-
9-773 861, direct: +358-9-773 86 250,
mobile: +358-40-745 5605
http://www.biohit.com
Distribution: The Helsinki Exchanges
The Financial Supervisory Authority
Press