Martela weakens its guidance for revenue and profit for 2024
2024年12月11日 - 5:45PM
RNSを含む英国規制内ニュース (英語)
Martela weakens its guidance for revenue and profit for 2024
Martela Corporation, inside information, 11.12.2024, at
10:45
Order intake has continued to grow strongly during the current
quarter. Martela's key market areas continue to see positive
signals and stronger demand. However, the realisation of the
increase in order intake into revenue increase shall take place
later than previously expected, and a significant part of the
deliveries planned for the rest of the year will be postponed until
the beginning of next year. In addition, the fourth-quarter result
will be weaken down especially by deliveries of few projects and
product families with low margins. For the above reasons, Martela
lowers its full-year revenue and profit forecast. The outlook for
the early part of 2025 is more positive than in the corresponding
period this year.
New guidance for 2024:
Martela Group's full-year 2024 revenue and operating result are
expected to decrease from the previous year's level. Revenue are
estimated to reach EUR 85-89 million in 2024 (EUR 94.4 million in
2023). The operating result is estimated to be negative and the
operating loss is estimated to be at the level of EUR 3.8-6.1
million (operating loss in 2023 was EUR 2.4 million).
Previous guidance for 2024:
Martela Group's full-year 2024 revenue are anticipated to be
approximately at the previous year's level and to reach EUR 91-97
million in 2024 (EUR 94.4 million in 2023). The operating result is
estimated to be slightly negative, and the operating loss is
estimated to be at the level of EUR 0.0-1.8 million (operating loss
in 2023 was EUR 2.4 million).
Martela Oyj
Ville Taipale
CEO
Further information:
Ville Taipale, CEO Tel. +358 50 557 2611
Henri Berg, CFO Tel. +358 40 836 5464
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www.martela.com
Martela is a Nordic leader specialising in user-centric working
and learning environments. We create the best places to work and
offer our customers the Martela Lifecycle solutions which combine
furniture and related services into a seamless whole.
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