Press Releases

NEO INDUSTRIAL'S FINANCIAL YEAR 2011: CABLE SEGMENT'S REVENUE WILL GROW, OPERATING PROFIT WILL REMAIN BELOW EXPECTATIONS

Neo Industrial Plc
Company Announcement

NEO INDUSTRIAL'S FINANCIAL YEAR 2011: CABLE SEGMENT'S REVENUE WILL GROW,
OPERATING PROFIT WILL REMAIN BELOW EXPECTATIONS

NEO INDUSTRIAL PLC STOCK EXCHANGE RELEASE January 27
2012 at 9.00 am

NEO INDUSTRIAL’S FINANCIAL YEAR 2011:
CABLE SEGMENT’S REVENUE WILL GROW, OPERATING PROFIT WILL REMAIN BELOW
EXPECTATIONS

Neo Industrial’s Cable segment’s revenue will grow, operating profit for 2011
will remain below expectations. The operating profit will remain below earlier
estimates due to write-offs in Russia and the weaker than expected sales
during December in Finland.

Earlier Neo Industrial has estimated Cable segment’s operating profit to turn
positive during the last quarter of the year.

Neo Industrial will publish its financial statement review for 2011on February
17, 2012.

Neo Industrial Plc

Markku E. Rentto
Managing Director

For further information, please contact:
Managing Director Markku E. Rentto, tel. +358 207 209 191

www.neoindustrial.fi

Neo Industrial's strategy is to invest mainly in industrial companies with
similar synergic benefits. The aim of investments is with active ownership to
develop the purchased companies and establish additional value. Returns are
sought through both dividend flow and an increase in value. Neo Industrial's
class B shares are listed on the NASDAQ OMX Helsinki Stock Exchange.

Neo Industrial's business segments are Cable (Reka Cables, Expokabel, Nestor
Cables), Viscose Fibers (Avilon) and Single Family Housing (Finndomo).


Relaterade filer

© Banque Carnegie Luxembourg S.A. 2018. All rights reserved.