Polygiene communicates financial guidance for 2017

In conjunction with Polygiene AB releasing its interim report for January-June 2017, the company communicates financial guidance for the second half and full year 2017.

The guidance for the second half of 2017 is net sales of 46 MSEK, an operating profit (EBIT) of 1.3 MSEK (2.8 % margin) and an adjusted operating profit (excluding foreign exchange effects and withholding tax) of 3.8 MSEK (8.3% margin).

The guidance for the full year 2017 is net sales of 80 MSEK, an operating profit of -5.5 MSEK (-6.9 % margin) and an adjusted operating profit (excluding foreign exchange effects and withholding tax) of -0.6 MSEK (-0.7% margin).

This information is information that Polygiene AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at August 24, 2017, at 08.30 CET.

For press images and more information visit ir.polygiene.com or contact:
Company IR at e-mail: ir@polygiene.com
Christian von Uthmann, CEO, Polygiene. Mobile: + 46 (0)70 319 77 21, e-mail: cvu@polygiene.com 
Ulrika Björk, CFO, Polygiene. Mobile: + 46 (0)70 921 12 75, e-mail: ubj@polygiene.com 

About Polygiene 
Polygiene is the world-leading provider of odor control technology and Stays Fresh solutions for clothing, sports equipment, lifestyle textiles and other materials to help people stay fresh and confident. Polygiene brings the Scandinavian values of quality and care for the environment to life through its products and services. More than 100 global premium brands have chosen to use Polygiene Odor Control Technology in their products. Polygiene was established in 2006 and is listed on Nasdaq First North in Stockholm, Sweden. Remium Nordic AB acts as its Certified Adviser.