aktsiaselts Linda Nektar revised revenue guidance for the year 2023. At the time of the disclosure of the 6 month (interim) report, management?s revenue guidance for the whole of 2023 was indicated to be within a range of EUR 2.9 million to EUR 3.2 million. The demand for Linda Nektar?s products during H2 has followed the pattern of the overall beverage market, which has shown a decline.

Regardless, the Company has had success in opening new markets (customer projects) within and outside the EU. However, the expected realisation of these has not met the management?s expectations which were in place when the H1 interim report was released. Due to this the guidance has been amended to EUR 2.45 million to EUR 2.5 million (approximately 19% lower using the mid-points of the respective ranges).