UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017
PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE 21.7.2017 at 8:00 am
UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017
Uutechnic Group expects its revenue to be lower than in 2016 and the operating profit to remain at the last year’s level. Previous was announced that the turnover is expected to continue to grow and the operating profit to improve.
The revision of the outlook is resulting from quality issues of construction materials on one Japrotek Oy Ab’s project that was delivered in the first half of the year and a low order backlog. The restructuring of operations at Japrotek will have a full impact in 2018.
Plc Uutechnic Group Oyj will publish the Half-year report on July 28th 2017.
In Uusikaupunki July 21st, 2017
PLC UUTECHNIC GROUP OYJ
Board of Directors
Further information:
Jouko Peräaho, toimitusjohtaja, Plc Uutechnic Group Oyj, +358 500 740808
Uutechnic Group is focused on improving the competitiveness of its customers by providing them advanced equipment technology and unique service concept worldwide. The product range includes agitators, different types of pressure vessels, process- and storage tanks, reactors and heat exchangers. Additionally different types of long welded and machined axially symmetrical parts as rolls, cylinders, tubes and cones.
The main industries are hydrometallurgy, mining-, pulp and paper-, food-, fertilizer-, other chemical industries and environmental technology.
Uutechnic Group’s business consists of one segment, Process Solutions, which is divided into two business lines: Mixing Technology and Tanks & Rolls. Mixing Technology business line consists of Stelzer Rührtechnik Int. GmbH and Uutechnic Oy. Tanks & Rolls business line consists of Japrotek Oy Ab and AP-Tela Oy.
www.uutechnicgroup.fi