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Tuesday 14 April, 2015

Okmetic Oyj

OKMETIC REVISES UPWARDS ITS GUIDANCE FOR 2015

OKMETIC REVISES UPWARDS ITS GUIDANCE FOR 2015

OKMETIC OYJ   STOCK EXCHANGE RELEASE  14 APRIL 2015    AT 8.00 A.M.

OKMETIC REVISES UPWARDS ITS GUIDANCE FOR 2015

Okmetic revises its guidance on net sales and operating profit for 2015. According to the revised guidance, net sales and operating profit for 2015 are estimated to clearly exceed the level of 2014. According to the previous guidance, net sales and operating profit for 2015 were estimated to exceed the level of 2014.

Based on unaudited preliminary results, net sales of the first quarter 2015 amount to 21.6 million euro and operating profit to 2.9 million euro (Q1/2014: 17.4 and 0.9 million euro). Better-than-anticipated demand for sensor wafers contributed to the strong development in the beginning of the year, as well as strengthening of US dollar compared to euro.

Okmetic will publish its interim report for January-March 2015 on Wednesday 29 April 2015 approximately at 8 a.m. Finnish time (EEST). A briefing for investors, analysts and media will take place on the same day. 29 April at 8.30 a.m. in Helsinki Stock Exchange building, Fabianinkatu 14, Helsinki (2nd floor, entrance via Nasdaq's reception). The result will be presented by President Kai Seikku.
Participants are kindly requested to register by email to [email protected] or by telephone to +358 9 5028 0269/Tuuli Oja.

OKMETIC OYJ

Kai Seikku
President

For further information, please contact:

President Kai Seikku, Okmetic Oyj,
tel. +358 9 5028 0232, email: [email protected]

Senior Vice President, Finance, IT and Communications Juha Jaatinen, Okmetic Oyj,
tel. +358 9 5028 0286, email: [email protected]

Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries. 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 Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Okmetic Oyj via Globenewswire

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