Wulff to specify its outlook for thefull-year operating result 2020
STOCK EXCHANGE RELEASE DECEMBER 11, 2020 AT 8.00 A.M.
Wulff Group Plc, Insider information, December 11, 2020 at 8.00 A.M.
Wulff specifies its outlook for the operating result of 2020. On September 21, 2020, the company announced in a stock exchange release its estimate that the comparable operating profit of 2020 will clearly grow from 2019. The comparable operating profit in 2019 was EUR 1.7 million. Now the company updates its outlook and estimates that the comparable operating profit of 2020 will grow considerably from 2019.
The concept of workplace products and work environments changed in the spring of 2020, when doing information work was largely transferred to remote and home offices. At the same time, shared workspaces needed to be made safe. Wulff succeeded in implementing the strategy by quickly sourcing a range of quality hygiene, cleaning and protection products. Wulff's strong sales organization, long-term customer relationships, diverse product and service portfolio and successful new customer acquisition have enabled stronger-than-expected sales and earnings in the fourth quarter.
CEO Elina Pienimäki:
“This year's result says a lot about Wulff's ability to adapt, willpower and the Nordic countries’ best sales expertise. Exceptional circumstances have rewarded brave reformers and Wulff has earned its place among the winners. We have always renewed our own operations and our product portfolio and services to suit the time and need. We have led change and a transformation in working life, while relying heavily on our strategy. We believe that the transformation of working life will be faster even after the exceptional circumstances. Therefore, our company, which started as a small paper business 130 years ago, can be expected to continue to introduce new products and services to the market. The transformation of working life is an opportunity for us to make a positive impact on people’s lives in the form of new products and services. Our goal is for you to get everything you need for a successful working day from us. Thank you to all of our customers, partners and Wulff employees. Our results are great thanks to you: you have valued local work, products and responsible choices.”
In Espoo on December 11, 2020
WULFF GROUP PLC
BOARD OF DIRECTORS
Further information:
CEO Elina Pienimäki
tel. +358 40 647 1444
e-mail: elina.pienimaki@wulff.fi
DISTRIBUTION
NASDAQ OMX Helsinki Oy
Key media
A better world – one workplace at a time. Wulff’s goal is a perfect workday! We enable better working environments and create workplaces, wherever you are. More comfortable, healthier, safer, more enjoyable, more active and more diverse? How do you want to better you workday and working environment? Wulff has the solution. We offer our customers hygiene- and protective products, air purifiers, office supplies,facility management products, catering solutions, IT supplies, ergonomics, first aid, and innovative products for worksites. Customers can also acquire international exhibition services from Wulff. In addition to Finland, Wulff operates in Sweden, Norway, and Denmark. Check out our products and services at wulff.fi/en/.