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Lassila & Tikanoja plc’s operating result for 2014 at a better level than expected

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Helsinki, Finland, 2015-01-20 14:00 CET (GLOBE NEWSWIRE) -- Lassila & Tikanoja plc                                             Stock exchange release                                       20 January 2015, at 3 pm

Lassila & Tikanoja plc’s operating result for 2014 at a better level than expected

According to Lassila & Tikanoja plc’s preliminary financial statements figures for 2014, the company’s operating result is estimated to be EUR 639 million (2013: EUR 668.2 million), and the operating profit excluding non-recurring items is estimated to be EUR 53.8 million (2013: EUR 51.8 million).

Previously, the company had estimated that the 2014 net sales were expected to remain at the 2013 level or slightly below and operating profit excluding non-recurring items would also remain at the 2013 level or slightly below.

Lassila & Tikanoja will publish its financial statements for 2014 on Wednesday, 4 February 2015 at 8 am.

 

LASSILA & TIKANOJA PLC

Pekka Ojanpää
President and CEO

 

For additional information, please contact:
Timo Leinonen, CFO, tel. +358 400 793 073

 

Lassila & Tikanoja is a service company that is transforming the consumer society into an efficient recycling society. In co-operation with our customers, we are reducing waste volumes, extending the useful lives of properties, recovering materials and decreasing the use of raw materials and energy. We help our customers to focus on their core business and to protect the environment. Together, we can create well-being and jobs. With operations in Finland, Sweden and Russia, Net sales in 2013 amounted to EUR 668.2 million. L&T is listed on Nasdaq Helsinki.

 

Distribution:
Nasdaq Helsinki
Major media
www.lassila-tikanoja.fi