Investors

Forecast for 2022

Updated guidance for 2022 (31 October 2022)
The company management estimates the Group’s net sales in 2022 at
approximately EUR 40–43 million. EBIT margin is expected to be at the same level than previous year or little below that.

Published in the half year report 10.8.2022
The company management estimates the Group’s net sales in 2022 at approximately EUR 40–50 million. EBIT and relative profitability are expected to improve from 2021. The effects of the war in Ukraine
on the price and availability of materials and prices in general, as well as possible new restrictions in response to the pandemic, have created a degree of uncertainty in the outlook.

Forecast for 2021

Updated guidance for 2021 ( 24 January 2022)
The Group’s net sales in 2021 are approximately 34 million euros with an EBIT margin of approximately 3-4%. The EBITA margin is approximately 4-5%.

Guidance for 2021 (18.2.2021)
The company’s management estimates the Group’s net sales in 2021 to be approximately EUR 30–35 million with an operating profit margin of approximately 5–8%. Management estimates that profit for the period will not be generated evenly between quarters. The COVID-19 pandemic is expected to have a negative impact on the company’s operations in the first half of the year, with growth in net sales and profitability to be focused more strongly on the end of the year.

Guidance for 2020

Updated guidance (13 October 2020)
The company’s management estimates that the group’s net sales will increase 15–20% in the financial year 2020 compared to the pro forma net sales for the period 1–12/2019. Operating profit is estimated to be about 4–7% of net sales

Previous guidance
The company’s management estimates that the group’s net sales will increase 20–30% in the financial year 2020 compared to the pro forma net sales for the period 1–12/2019. Operating profit is estimated to be about 7–10% of net sales.