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Friday, 15 September 2017

Consti Group Plc specifies the outlook for 2017

Consti Yhtiöt Oyj    

Published: 10:15 CEST 15-09-2017 /GlobeNewswire /Source: Consti Yhtiöt Oyj / : CONSTI /ISIN: FI4000178256

Consti Group Plc specifies the outlook for 2017

CONSTI GROUP PLC STOCK EXCHANGE RELEASE 15 SEPTEMBER 2017, at 11.15 a.m.

 

Consti Group Plc specifies the outlook for 2017

 

Consti Group Plc ("Company") specifies the outlook for 2017 due to weaker profitability than expected in project deliveries of Technical Building Services business area.

 

New outlook:

Company estimates that its total annual net sales for 2017 will grow compared to 2016 but operating profit will be lower than in 2016.

 

Previous outlook:

Company estimates that its total annual net sales for 2017 will grow compared to 2016.

 

Company publishes its interim report for January-September on Thursday, 9 November 2017.

 

 

CONSTI GROUP PLC

 

Further information:

Marko Holopainen, CEO, Consti Group Plc, Tel. +358 400 458 158

Esa Korkeela, CFO, Consti Group Plc, Tel. +358 40 730 8568

 

Distribution:

Nasdaq Helsinki Ltd.

Major media

www.consti.fi

 

Consti is a leading Finnish company concentrating on renovation and technical services. Consti offers comprehensive building technology, pipeline renovation, renovation contracting, façade renovation and other demanding construction and maintenance services for residential and commercial buildings. In 2016, Consti Group's net sales amounted to 262 million euro. It employs over 1000 professionals in renovation construction and building technology.

 

Consti Group Plc is listed on Nasdaq Helsinki. The trading code is CONSTI. www.consti.fi





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Consti Group Plc, Hopeatie 2, 6. krs, Helsinki 00440, Finland
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