Inside information, positive profit warning: Olvi estimates the adjusted operating result to increase to EUR 78–84 million
Olvi plc Inside information 14 October 2024 at 12:15 pm
Inside information, positive profit warning: Olvi estimates the adjusted operating result to increase to EUR 78–84 million
Olvi Group's adjusted operating result for the year 2024 is estimated to be EUR 78–84 million. The measures to improve profitability have enabled a better operating result than previously expected. There are uncertainties around the estimate related to intensified competition especially in the Baltics and Belarus exchange rate development.
In its half-year report published previously on 13 August 2024, the company has estimated Olvi Group’s adjusted operating result for the 2024 financial year to be EUR 74-80 million.
The company will comment on the financial development in connection with the Q3 interim report bulletin.
More information:
Olvi plc
Patrik Lundell, CEO, tel. +358 290 00 1050
Tiina-Liisa Liukkonen, CFO & CIO, tel. +358 290 00 1050
Distribution:
Nasdaq Helsinki Ltd
Main media