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OKMETIC REVISES ITS GUIDANCE FOR 2012 DOWNWARD

OKMETIC OYJ STOCK EXCHANGE RELEASE 20 SEPTEMBER 2012 AT 11.15 A.M. OKMETIC REVISES ITS GUIDANCE FOR 2012 DOWNWARD Okmetic revises its estimate on net sales and operating profit for 2012 given on 8 February 2012. The net sales for 2012 are estimated to settle approximately at the level of 2011. Operating profit is estimated to remain slightly under the level of 2011...
New York, (informazione.news - comunicati stampa - elettronica)

 

 

OKMETIC OYJ STOCK EXCHANGE RELEASE 20 SEPTEMBER 2012 AT 11.15 A.M.

 

OKMETIC REVISES ITS GUIDANCE FOR 2012 DOWNWARD

 

Okmetic revises its estimate on net sales and operating profit for 2012 given on 8 February 2012. The net sales for 2012 are estimated to settle approximately at the level of 2011. Operating profit is estimated to remain slightly under the level of 2011. According to the earlier guidance, Okmetic's net sales and operating profit were estimated to exceed the level of 2011.

 

The following factors have contributed to the revision of the guidance:

 

The demand for demanding sensor wafers which are chosen as Okmetic's long-term strategic focus area will continue to be steady also in the end of the year. The total sales of silicon wafers manufactured by the company will grow in absolute terms and clearly faster than the market also in 2012.

 

OKMETIC OYJ

 

Kai Seikku

President

 

For further information, please contact:

 

President Kai Seikku, Okmetic Oyj,

tel. +358 400 200 288, email: kai.seikku@okmetic.com

 

Senior Vice President, Finance, IT, and Communications
Juha Jaatinen, Okmetic Oyj, tel. +358 9 5028 0286,
email: juha.jaatinen@okmetic.com

 

Distribution:

NASDAQ OMX Helsinki

Principal media

www.okmetic.com

 

OKMETIC IN BRIEF

 

Take it higher

 

Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries and sells its technological expertise to the solar cell industry. Okmetic provides its customers with solutions that boost their competitiveness and profitability.

 

Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. Okmetic's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process.  

 

Okmetic has a global customer base and sales network, production plants in Finland and the US and contract manufacturers in Japan and China. Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.

 

 


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