Profit guidance

In addition to strategic and economic targets, Lemminkäinen provides within its interim reports a verbal assessment of the economic outlook, which includes management's assessment of the current year's net sales and development of the operating profit.

Lemminkäinen's profit guidance for 2017:

"Lemminkäinen estimates that its net sales in 2017 will grow from 2016 (EUR 1,682.7 million). The adjusted operating profit in 2017 is expected to improve from the adjusted operating profit in 2016 (EUR 45.1 million)."

Lemminkäinen's profit guidance, profit warnings and actual results

YearUpdatedProfit guidance/
profit warning
Actual
  12 September 2017: Extraordinary General Meeting

Lemminkäinen estimates that its net sales in 2017 will grow from 2016 (EUR 1,682.7 million). The adjusted operating profit in 2017 is expected to improve from the adjusted operating profit in 2016 (EUR 45.1 million). Read release.

 
  27 July: Half Year Report 1‒6/2017

The profit guidance for 2017 remains intact.

 
  27 April: Interim report 1‒3/2017

The profit guidance for 2017 remains intact.

 
2017 9 February: Financial Statements Bulletin 2016

Lemminkäinen estimates that its net sales in 2017 will grow from 2016 (EUR 1,682.7 million). Operating profit (IFRS) in 2017 is expected to improve from EUR 45.1 million which reflects the operational performance in 2016.

 
 2016 9 November 2016: Profit warning

Lemminkäinen estimates that its net sales in 2016 will be on the level of EUR 1.7 billion. Operating profit (IFRS) in 2016 is expected to improve clearly as compared to 2015 (EUR 37.3 million).

In 2016 net sales were EUR 1,682.7 million (1,879). Operating profit was EUR 67.6 million (37.3).
  27 October: Interim report 1‒9/2016

Lemminkäinen estimates that its net sales in 2016 will be on the level of EUR 1.8 billion. Operating profit (IFRS) in 2016 is expected to improve clearly as compared to 2015 (EUR 37.3 million).

 
  20 October:
Profit warning

Lemminkäinen estimates that its net sales in 2016 will be on the level of EUR 1.8 billion. Operating profit (IFRS) in 2016 is expected to improve clearly as compared to 2015 (EUR 37.3 million).
Read release

 
  28 July: Interim report 1‒6/2016

The profit guidance for 2016 remains intact.

 
  28 April: Interim report 1‒3/2016

The profit guidance for 2016 remains intact.

 
  4 February: Financial Statements Bulletin 2015

Lemminkäinen estimates that its net sales in 2016 will be on the level of EUR 1.8 billion. Operating profit (IFRS) in 2016 is expected to improve as compared to 2015.

 
2015 5 February: Financial statements bulletin 2014 (repeated in Q1, Q2 and Q3/2015 interim reports)

Lemminkäinen estimates that its net sales in 2015 will not increase as compared to 2014.
Operating profit (IFRS) in 2015 is expected to improve as compared to 2014.

In 2015 net sales were EUR 1,879 million (2,045). Operating profit was EUR 37.3 million (36.3).
2014 29 October: Interim report 1‒9/2014

Lemminkäinen estimates that its 2014 net sales will be slightly lower than in 2013, but its operating profit will improve clearly on 2013 (excluding non-recurring items). In 2013, net sales were EUR 2,020.1 million and operating profit excluding non-recurring items was EUR -3.9 million.

 In 2014 net sales were EUR 2,045 million (2,020). Operating profit was EUR 36.3 million (-89).
2013 28 November:
Profit warning

Damages related to the asphalt cartel make Lemminkäinen’s 2013 result clearly negative.

In 2013 net sales were EUR 2 218
million (2 268) and the operating profit (IFRS) was EUR -91 million (50).

2013 18 July:
Profit warning

On the basis of the order book and the short-term outlook for demand, net sales in 2013 are expected to be on a par with 2012. Operating profit for 2013 is expected to fall short of 2012.
Read release

 
2013 19 April:
Profit warning
Lemminkäinen estimates that its 2013 net sales and operating profit will remain at the same level as in 2012.
Read release
 
2013

7 February:
Financial statements bulletin 2012

Lemminkäinen estimates that its 2013 net sales will remain at the same level as in 2012 and that its operating profit will improve on 2012.  
2012 9 February:
2011 Financial statements bulletin
(repeated in Q1, Q2 and Q3/2012 interim reports)
Lemminkäinen estimates that in 2012, its net sales will remain on the same level as in 2011, and that its pre-tax profit will improve on 2011. In 2012 Lemminkäinen's net sales were EUR 2,268 million (2,184). PTP was EUR 29 million (25).
2011 4 November:
Q3/2010 Interim report
(repeated in Q4/2010, Q1,Q2 and Q3/2011 interim reports)
Lemminkäinen estimates that in 2011, its net sales will grow and
pre-tax profit will clearly improve on 2010.
In 2011 Lemminkäinen's net sales were EUR 2,274 million (1,830). PTP was EUR 34.6 million (7.6).

 

Updated: 12 September 2017