PONSSE'S PROFIT BEFORE TAXES FOR 2008 WILL BE LOWER THAN IN THE PREVIOUS YEAR
PONSSE PLC STOCK EXCHANGE RELEASE PROFIT WARNING 10 SEPTEMBER 2008 AT 09.00
PONSSE'S PROFIT BEFORE TAXES FOR 2008 WILL BE LOWER THAN IN THE PREVIOUS YEAR
Ponsse Plc estimates that the company's turnover and profit before taxes for
2008 will be lower than in the previous year. The estimate is based on the fact
that the demand for forest machines has declined in certain main market areas
as a result of the general economic situation. The company will further specify
the whole-year estimate in conjunction with the next interim report.
Ponsse Plc has earlier assessed the business trend in its interim report
published on 11 August 2008: “If the forest machine market slows down due to
the general economic situation, the increase of the company's turnover will
decrease and the business result will remain at the same level as last year.”
Vieremä 10 September 2008
PONSSE PLC
Juho Nummela
President and CEO
Mikko Paananen
CFO
FOR FURTHER INFORMATION:
Juho Nummela, President and CEO, +358 400 495 690, juho.nummela@ponsse.com
Mikko Paananen, CFO, +358 400 817 036, mikko.paananen@ponsse.com
DISTRIBUTION:
OMX Nordic Exchange Helsinki
Principal media
www.ponsse.com