Nurminen Logistics’ Board’s Report on Operations and Financial Statements 2015 have been published
Nurminen Logistics Plc Stock Exchange Release 17 March 2016 at 3:30 p.m.
Nurminen Logistics Plc’s Board of Director’s Report on Operations and Financial Statements 2015 is published on company’s website at www.nurminenlogistics.com in Finnish and English. The Nurminen Logistics’ Corporate Governance Statement for 2015 can be found at the same site.
On 17 February 2016 the company signed a sale and purchase agreement concerning the sale of 380 covered wagons. Buyer’s financing negotiations on the financing of the transaction are stretched and they will be, according to information we have received complete during the spring of 2016. Wagon sales revenue, depending on the ruble exchange rate is EUR 4.5–5 million. The transaction has no impact on the result for 2016 because wagons are valued in the rubles selling price in the financial statements 2015. The company has signed an agreement with the financing banks on short-term financing of EUR 3 million until 31 May 2016, which guarantees the company’s financial position for a period of the closing of the sale.
Nurminen Logistics Plc
President and CEO
For more information, please contact: Marko Tuunainen, President and CEO
Tel. +358 10 545 7011
NASDAQ OMX Helsinki
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.