Taaleri Oyj provided earnings guidance for the year ending December 31, 2018. For the year, company estimates that the operating profit percentage for 2018 will remain at the same level as in 2017. Company will record a loss of approximately EUR 3 million, booked in Taaleri Groups results 2018. It is because the company’s geothermal electricity production project failed. One production well was drilled, and tests have proven that the project is not commercially viable and Taaleri has hence decided to discontinue the project.