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
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