Skip to main content

HONKARAKENNE OYJ REINSTATES ITS FINANCIAL GUIDANCE FOR 2022

Written by Customer Service on . Posted in Public Companies.

HONKARAKENNE OYJ                 Insider information May 24, 2022 at 13:00

HONKARAKENNE OYJ REINSTATES ITS FINANCIAL GUIDANCE FOR 2022

At the meeting held on May 23, 2022, Honkarakenne Oyj’s Board of Directors decided to issue new financial guidelines for 2022. Honkarakenne Oyj withdrew its financial guidance for 2022 in a stock exchange release on March 1, 2022 due to the uncertainty caused by the war in Ukraine and the suspension of sales in Russia. Honkarakenne Oyj’s outlook for the rest of the year has become clearer and this allows restoring the guidance for the year 2022.

At its meeting on May 23, 2022, the Board of Directors decided to reinstate its financial guidance.

New guidance for 2022

Honkarakenne’s outlook is that revenue (net sales) will increase from the previous year and profit before taxes will be at the previous year’s level.

Previous guidances for 2022

Withdrawal of the financial guidance, published on March 1, 2022:

At a meeting held on March 1, 2022, Honkarakenne Oyj’s Board of Directors decided to withdraw the financial guidance for 2022 published on February 16, 2022. Due to the ongoing uncertainties, the Board of Directors refrains from providing any new guidance for 2022 at this time.

Previous guidance in connection with the financial statement bulletin 2021, published February 16, 2022:

Honkarakenne’s outlook is that net sales and profit before taxes will remain at the previous year’s level in 2022.

Honkarakenne’s half-year financial report for January-June 2022 will be published on August 24, 2022.

HONKARAKENNE OYJ

Board of Directors

Further information: 

CEO Marko Saarelainen, tel. +358 40 542 0254, marko.saarelainen@honka.com or

CFO Maarit Jylhä, tel. +358 40 594 4099, maarit.jylha@honka.com

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
Finnish Financial Supervisory Authority
www.honka.com

Honkarakenne Oyj manufactures high-quality, healthy and ecological log homes, holiday homes and public buildings under its Honka® brand from Finnish solid wood. The company has delivered 85,000 buildings to over 50 countries. House kits are manufactured in Finland, the company’s own factory is located in Karstula. In 2021, Honkarakenne Group’s net sales were EUR 69.7 million, of which exports accounted for 37%. www.honka.com  

 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.