April 25, 2018 / 5:08 PM / 7 months ago

BRIEF- Tecnotree Issues Profit Warning

April 25 (Reuters) - Tecnotree Oyj:

* TECNOTREE ISSUES PROFIT WARNING

* TECNOTREE CORPORATION'S BOARD OF DIRECTORS HAS TODAY DECIDED TO CHANGE GUIDANCE FOR 2018

* COMPANY IS UNABLE TO PROVIDE ANY GUIDANCE FOR 2018

* UNCERTAINTY RELATED TO COMPLETION AND TIMETABLE OF TENDER OFFER IS CAUSING UNCERTAINTY AMONG CUSTOMERS AND DELAY IN ORDER INTAKE

* COMPANY MAY NO LONGER ACHIEVE REVENUE AND OPERATIONAL RESULT SET OUT IN CURRENT GUIDANCE FOR 2018

* TECNOTREE - PREVIOUSLY ESTIMATED REVENUE IN 2018 WILL BE AT SAME LEVEL THAN IN 2017 AND THAT OPERATIONAL PROFITABILITY WILL BE BETTER THAN ADJUSTED OPERATING RESULT IN 2017 Source text for Eikon: Further company coverage:

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