Due to the COVID-19 pandemic ambiguity Oriola Corporation specifies business outlook for 2020

Oriola Corporation Insider Information 22 October 2020 at 11:30 a.m.

Due to the COVID-19 pandemic ambiguity Oriola Corporation specifies business outlook for 2020

Strengthening of the COVID-19 pandemic is causing ambiguity affecting Oriola Corporation’s business. Due to this Oriola specifies its outlook for 2020. Oriola estimates that the adjusted EBIT on a constant currency basis stays on the same level or increases from the 2019 level.

The specified outlook for 2020

The adjusted EBIT on a constant currency basis stays on the same level or increases from the 2019 level.

The 2019 adjusted EBIT from continuing operations was EUR 20.5 million.

The earlier outlook published 7 February 2020 and repeated 17 July 2020

The adjusted EBIT on a constant currency basis is estimated to increase from the 2019 level.

Oriola Corporation

Robert Andersson
President and CEO

Further information:

Tuula Lehto
Vice President, Communications and Sustainability
Tel: +358 40 5885 343
E-mail: tuula.lehto@oriola.com

Distribution:
Nasdaq Helsinki Ltd.
Key media

Released by:
Oriola Corporation
Corporate Communications
Orionintie 5
02200 Espoo
www.oriola.com