Nurminen Logistics raises its result guidance for 2017

20.12.2017

Nurminen Logistics Plc                           Stock Exchange Release 20 December 2017 at 1.30 pm    

Nurminen Logistics raises its estimate of the financial performance of the year 2017. According to new guidance Nurminen Logistics expects that its net sales will improve significantly compared to 2016 and operating result will improve clearly compared to 2016 and will be clearly positive. The updated guidance covers both reported net sales and operating result as well as comparable net sales and operating result.

The previous guidance was: Nurminen Logistics expects that its comparable net sales, comparable result and earnings per share will improve compared to 2016.

The change in result guidance is due to the continued strong performance of the company during the second half of the year. The market conditions have developed favorably and Nurminen Logistics has managed to increase net sales and operating result for almost all services. Net sales have increased in Finland and especially in the Baltic countries. In addition, due to the company's capital structure and balance sheet strengthening in the summer, the outlook has developed in a positive direction.

Nurminen Logistics Plc

Marko Tuunainen
President and CEO

For more information, please contact: Marko Tuunainen, President and CEO
Tel. +358 10 545 7011

DISTRIBUTION                                                                  
Nasdaq Helsinki
Major Media
www.nurminenlogistics.com

Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality forwarding, cargo handling and value added services as well as railway transports and related to it project transport services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.


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