Negative profit warning: Dovre Group Plc will lower its 2023 guidance for net sales and operating profit
26 Giugno 2023 - 11:30AM
Negative profit warning: Dovre Group Plc will lower its
2023 guidance for net sales and operating profit
Dovre Group
Plc
Inside information
June
26, 2023, at 12.30 pm
Negative profit warning: Dovre
Group Plc will lower its 2023 guidance for net sales and
operating profit
Dovre Group Plc will lower its 2023
guidance for net sales and operating profit.
New guidance for 2023: Dovre Group’s net
sales in 2023 are expected to be in the range of 185 to 195 million
euros and the operating profit (EBIT) is expected to be above 7
million euros.
Previous guidance for 2023: (released
27.4.2023): Dovre Group´s net sales are expected to improve from
2022 and the operating profit (EBIT) is expected to be about the
same as in 2022.
For clarification, Dovre’s net sales in 2022 were
203 million euros and operating profit was 8,5 million euros.
The reason for the lowered guidance is the reduced
number and smaller size of new projects in the Finnish Renewable
Market sector combined with the weakening of the Norwegian Crown by
about 10% year-on-year. The demand for Dovre’s Project Personnel
and Consulting business areas has remained solid and these two
segments combined will achieve their 2022 performance level in both
net sales and operating profit without currency impact.
Dovre Group will release its H1 financial
statement on August 17, 2023
For further information, please contact:
Dovre Group Plc Arve Jensen, CEO Tel. +47 90 60 78
11 Arve.jensen@dovregroup.com
Dovre Group is a global provider
of project management services. Dovre Group has three business
areas: Project Personnel, Consulting and
Renewable energy. Dovre Group has offices in Canada,
Finland, Norway, Singapore, and the US, and employs more
than 800 people worldwide. Dovre Group is listed on Nasdaq
Helsinki (symbol: DOV1V).
Website: www.dovregroup.com
Distribution: Nasdaq Helsinki Major media
www.dovregroup.com
Grafico Azioni Dovre Group Oyj (LSE:0JCD)
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Grafico Azioni Dovre Group Oyj (LSE:0JCD)
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