Lehto Group Oyj Reaffirms Earnings Guidance for the Year 2019 and Provides Earnings Guidance for the Year 2020
February 03, 2020 at 01:10 pm IST
Lehto Group Oyj reaffirmed earnings guidance for the year 2019 and provided earnings guidance for the year 2020. For the year 2019, the company expects net sales declined by 7,5% to approximately EUR 667 million and operating loss was approximately EUR 42 million.
For the year 2020, the company estimates that the group's net sales in 2020 will be approximately 10% lower than in 2019 and that operating result is positive.