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Oriola-KD Corporation repeats its guidance on operating profit excluding non-recurring items and revises guidance for net sales growth
15.7.2014
Oriola-KD Corporation Stock Exchange Release 15 July 2014 at 4.00 p.m. Oriola-KD Corporation repeats its guidance on operating profit excluding non- recurring items and revises guidance for net sales growth - Net sales is estimated to decrease from 2013 level. Weak exchange rates of the Russian rouble and Swedish krona have negatively affected euro-denominated net sales for 2014. The weak performance of the Russian businesses, caused by the decline of the economic situation and severely competitive environment is expected to have negative impact on Oriola-KD's full- year net sales growth. Revised outlook for 2014 Oriola-KD estimates that operating profit excluding non-recurring items will increase compared to 2013 actual. Net sales is estimated to decrease from 2013 level. Previous outlook on April 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 - June interim results are released on July 24, July 2014. Oriola-KD Corporation Tuomas Itkonen CFO Further information: Tuomas Itkonen CFO tel. +358 40 596 4004 e-mail: tuomas.itkonen@oriola-kd.com Sami Laine Group Treasurer tel. +358 40 638 0251 e-mail: sami.laine@oriola-kd.com Distribution: NASDAQ OMX Helsinki Ltd. Key media Released by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo www.oriola-kd.com [HUG#1825894]