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DNA revises upwards its guidance for 2017 regarding profitability(October 13, 2017)
DNA Plc Stock Exchange Release 13 October 2017 at 2:30 pm EEST
DNA's business has developed favorably for the beginning of the year. Especially the first half was strong. According to our estimate on the development for the rest of the year, DNA revises upwards its guidance for 2017 regarding profitability (comparable operating result).
New guidance for 2017:
DNA's net sales are expected to remain at the same level and the comparable operating result is expected to improve substantially in 2017 compared to 2016. The Group's financial position and liquidity is expected to remain at a healthy level.
Previous guidance for 2017 (published on 31 January 2017):
DNA's net sales are expected to remain at the same level and the comparable operating result is expected to improve somewhat in 2017 compared to 2016. The Group's financial position and liquidity is expected to remain at a healthy level.
DNA will publish its January-September 2017 Interim Report on Friday 20 October 2017 at approximately 8:30am EEST (7:30am CET, 6:30 UK time). DNA is currently on silent period and will comment its financial performance and outlook next time in accordance with result publication.
Timo Karppinen, CFO, DNA Plc, tel. 044 044 5007, firstname.lastname@example.org
Marja Mäkinen, Head of Investor Relations, DNA Plc, tel. 044 044 1262, email@example.com
DNA Plc is a Finnish telecommunications group providing high-quality voice, data and TV services for communication, entertainment and working. DNA is Finland's largest cable operator and the leading pay TV provider in both cable and terrestrial networks. For DNA, the key area for growth in corporate business is the new way of working, independent of time and place, facilitated by smart terminal devices, diverse communications services and rapid connections. In 2016, DNA recorded net sales of EUR 859 million and an operating profit of EUR 91 million. DNA has more than 3.8 million subscriptions in its fixed and mobile communications networks. The Group also includes DNA Store, Finland's largest retail chain selling mobile phones. DNA shares are listed on Nasdaq Helsinki Ltd. For further information, visit www.dna.fi or follow us on Twitter @DNA_fi, @DNA_Business and @DNA_Palvelu and Facebook.