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10.10.2014 10:35:41
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Oriola-KD Corporation revises guidance for operating profit excluding non-recurring items
Oriola-KD Corporation revises guidance for operating profit excluding non-recurring items
Oriola-KD Corporation revises guidance for operating profit excluding non-recurring - Operating profit excluding non-recurring items is estimated to decrease from 2013 level.
Due to weak performance of the Russian wholesale business Oriola-KD's full-year operating profit excluding non-recurring items will decrease from 2013 level.
Revised outlook for 2014
Oriola-KD estimates that net sales and operating profit excluding non-recurring items will decrease from 2013 level.
Previous outlook on July 24, 2014
Oriola-KD estimates that net sales and operating profit excluding non-recurring items will increase compared to 2013 actual.
Oriola-KD Corporation's January - September interim results are released on October 23, 2014.
Oriola-KD Corporation
Tuomas Itkonen
CFO
Tuomas Itkonen
CFO
Mobile +358 40 596 4004
email: tuomas.itkonen@oriola-kd.com
Eero Hautaniemi
President & CEO
Mobile +358 50 429 2109
email: eero.hautaniemi@oriola-kd.com
Distribution
NASDAQ OMX Helsinki Ltd.
Key media
Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oriola-KD Oyj via Globenewswire
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