Correction: Aspo to update its long-term financial targets

ASPO Plc  

Stock exchange release   

November 26, 2019 at 17:15 pm

Correction: Aspo to update its long-term financial targets

This is a correction to Aspo Plc’s stock exchange release issued on November 26, 2019 at 9.30. The stock exchange release incorrectly announced the target for operating profit rate of Leipurin segment as 4%. The correct target for operating profit rate is 5%. Below the corrected section in its entirety:

Leipurin aims at net sales of EUR 140 million and an operating profit rate of 5% in 2023



Leipurin continues its profitable growth in the Eastern markets, and seeks a substantial market share in the Foodservice business where profitability is higher than in the traditional bakery raw materials business.

ASPO Plc



Aki Ojanen

CEO



For further information, please contact:

Aki Ojanen, CEO, Aspo Plc, tel. 2,

Harri Seppälä, Group Treasurer, Aspo Plc, tel. +358 400 617 201,

 



Distribution:  

Nasdaq Helsinki

Key media





Aspo is a conglomerate that owns and develops business operations in Northern Europe and growth markets, focusing on demanding B2B customers. The aim of our strong corporate brands – ESL Shipping, Leipurin, Telko and Kauko – is to be the market leaders in their sectors. They are responsible for their own operations, customer relationships, and their development. Together they generate Aspo’s goodwill.