The net sales of the Aspo Group totaled EUR 146.0 million (EUR 132.9 million). The operating profit for the period was EUR 11.0 million (EUR 14.9 million). The profit before taxes and minority share was EUR 9.9 million (EUR 13.9 million). Earnings per share were EUR 0.29 (EUR 0.44). The Group's net sales for the year are expected to grow about 8%. The operating profit can fall over 10% short of last year's comparable performance.
As a whole Aspo Group operations performed almost as planned in terms of sales volumes. However, for several reasons earnings fell short of targets, especially for Shipping.
Aspo Group's prospects for the rest of the year remain relatively positive. The sales and earnings of the divisions tend to be concentrated on the very end of the year due to seasonal fluctuations. According to current estimates the last quarter as a whole will prove similar to the same period last year. In terms of sales and operating earnings, last year's numbers for the last quarter were the best of the year.
ASPO Plc
Gustav Nyberg, CEO Dick Blomqvist, CFO
The full report including tables can be downloaded from the link below.
For further information please contact
Gustav Nyberg, +358 9 7595 256 or +358 40 503 6420
gustav.nyberg@aspo.fi
