Inside Information
New guidance:
Lehto estimates that net sales in 2021 will be approximately 20% lower than in the previous year (
The main factors behind the declined outlook are some loss-making business premises projects and their delayed execution, rising prices of the building materials and their weak availability, and delays in the starts of new projects.
The main risks to the development of net sales and the operating result in 2021 concern the availability and rising prices of building materials and the completion of certain business premises projects according to the planned schedule and planned costs.
The previous guidance was as follows:
Lehto estimates that net sales in 2021 will be 15-20 % lower than in the previous year (
Further information:
CEO
Tel. +358 50 343 4023
https://news.cision.com/lehto-group-oyj/r/lehto-group-plc--lehto-declines-financial-guidance-for-2021,c3435301
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