Oriola Corporation revises guidance for 2018

Oriola Corporation Stock Exchange Release 21 November 2018 at 7:30 p.m.

Oriola Corporation revises guidance for 2018

Oriola Corporation specifies its outlook and changes its guidance for 2018. Oriola estimates that the adjusted EBIT of continuing operations on constant currency basis is staying at the same level as 2017, mainly due to high operational costs in logistics in Sweden and Finland. Also, weak exchange rate has affected our comparable result negatively, as have the losses from Hehku chain.

The new revised guidance for 2018

The adjusted EBIT of continuing operations on constant currency basis is estimated to stay on the same level as 2017.

The 2017 adjusted EBIT from continuing operations was EUR 39.9 million.

The earlier guidance published 13 February 2018 and repeated 1 November 2018

The adjusted EBIT of continuing operations on constant currency basis is estimated to increase from the 2017 level.

Oriola Corporation
Robert Andersson
President and CEO

Further information:

Helena Kukkonen
CFO
Tel. +358 10 429 2112
Email: helena.kukkonen@oriola.com

Robert Andersson
President and CEO
Tel. +358 10 429 2109
Email: robert.andersson@oriola.com

Distribution:
Nasdaq Helsinki Ltd.
Key media

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