Martela Group lowers its revenue and operating result guidance for 2018. Revenue in the fourth quarter did not develop as previously estimated and this will impact negatively on the full year revenue and operating result. Revenue was mainly impacted by unclarity in the public sector in Finland because of the prolonged contract negotiations. Impact was materially shown in December sales, which traditionally has been stronger than in other months.
New guidance for 2018
Martela Group anticipates that its 2018 revenue and operating result will decrease compared to the previous year. In a previous guidance the company expected the revenue and operating result to remain on the same level compared to previous year 2017.
Revenue for January-December 2017 was EUR 109.5 million and operating result EUR 0.3 million.
Martela will publish its January-December 2018 financial statements on 5 February 2019.