Atria specifies its Q4/2008 result estimate

12.1.2009 12:45

Atria specifies its Q4/2008 result estimate    

Atria Group's operative EBIT in Q4/2008 will be substantially lower than in the 
same period in 2007 especially due to the result development in Business Area   

Atria Scandinavia's result is impacted negatively by the significant weakening  
of the Swedish krona, continued high raw material costs and the impact on       
volumes from the general slow down in the economy. Atria Scandinavia has        
launched an extensive efficiency programme to prepare for a tougher market      
environment. The measures are expected to generate annual cost savings of       
approximately 7 million euro and will impact approximately 100 employees across 
different sites.                                                                

Atria Group's net sales are expected to grow in 2008, but the operative EBIT is 
predicted to fall substantially compared with 2007. The Group's Financial       
Statement Bulletin 2008 will be published on 25 February 2009.                  

For further information contact Matti Tikkakoski, President and CEO of Atria    
Plc, tel. +358 50 2582.                                                         

ATRIA PLC                                                                       

Matti Tikkakoski                                                                
President and CEO                                                               

Nasdaq OMX Helsinki Ltd 
Principal media