ÅF Pöyry announces outlook for the first quarter 2019

In light of the upcoming rights issue, ÅF Pöyry AB (“ÅF Pöyry”) announces an outlook for ÅF Pöyry (excluding Pöyry PLC (“Pöyry”)), and an outlook for Pöyry for the first quarter 2019, respectively.

Outlook for ÅF Pöyry (excluding Pöyry) for the period January–March 2019
Excluding Pöyry, ÅF’s net sales for the first quarter 2019 are expected to be higher than net sales for the corresponding period 2018, whereas EBITA (not including the effects of IFRS 16), excluding acquisition costs and other costs affecting comparability, is expected to be in line with EBITA for the corresponding period 2018.

Outlook for Pöyry for the period January–March 2019
Pöyry’s net sales for the first quarter 2019 are expected to be higher than the corresponding period 2018. Pöyry’s operating profit (not including the effects of IFRS 16), excluding acquisition costs and other items affecting comparability, for the first quarter 2019 is expected to be significantly higher than the corresponding period 2018.

Pöyry is consolidated in ÅF Pöyry’s consolidated accounts as from 28 February 2019.

The above information will be included in the prospectus concerning the upcoming rights issue.

For further information, please contact:

Stefan Johansson, CFO
+46 10 505 10 40

This information is information that ÅF Pöyry AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out in this press release at 09:00 CET on 27 March 2019.
  

About ÅF Pöyry
ÅF Pöyry is an international leader within engineering, design and advisory services. We create solutions to support our customers worldwide to act on sustainability as well as the global trends of urbanisation and digitalisation. We are more than 16,000 devoted experts within the fields of infrastructure, industry and energy operating across the world to create sustainable solutions for the next generation. Making Future.
  

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