Exel Composites Plc to change its financial reporting practices
Exel Composites Plc Stock exchange release 19.2.2016 at 8.30 a.m. EET
Exel Composites Plc to change its financial reporting practices
Exel Composites Plc will change its financial reporting practices as of 19 February 2016 as a result of the amended Securities Market Act, which was entered into force on 26 November 2015. Contrary to what was disclosed on 17 December 2015 regarding financial reporting in 2016, Exel Composites will disclose certain key figures and information on business performance for the three and nine months periods in a stock exchange release instead of interim reports.
Exel Composites will publish the following financial reviews in 2016:
19 February 2016: Financial Statements Release for 2015
11 May 2016: Business Review for January-March 2016
21 July 2016: Half-yearly Report for January-June 2016
25 October 2016: Business Review for January-September 2016
Annual Financial Report for 2015 will be published in electronic format on 25 February 2016.
Exel Composites Plc’s Annual General Meeting is scheduled for Thursday 17 March 2016.
Vantaa, 19 February 2016
EXEL COMPOSITES PLC
Riku Kytömäki
President and CEO
For further information please contact:
Riku Kytömäki, President and CEO, Exel Composites Plc, tel. +358 50 511 8288, or email riku.kytomaki@exelcomposites.com
Mikko Kettunen, CFO, Exel Composites Plc, tel. +358 50 3477 462, or email
mikko.kettunen@exelcomposites.com
Distribution
Nasdaq Helsinki Ltd
Main news media
www.exelcomposites.com
Exel Composites in brief
Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships.
The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel's expertise and high level of technology play a major role in Exel Composites' operations.
Exel Composites Plc share is listed on Nasdaq Helsinki Ltd.