ASPO Aspo Plc

Profit warning, inside information: Aspo lowers its guidance for 2024 due to weaker than expected demand

Profit warning, inside information: Aspo lowers its guidance for 2024 due to weaker than expected demand

Aspo Plc

Inside information

December 10, 2024 at 9.00 am



Profit warning, inside information: Aspo lowers its guidance for 2024 due to weaker than expected demand



Based on preliminary November results and latest financial estimates, Aspo Plc has decided to lower its guidance for the full-year 2024. The main reason for lowering the guidance is weaker than expected demand for ESL Shipping and Telko during Q4.

New guidance

Aspo Group’s comparable EBITA is expected to be around EUR 30 million in 2024 (EUR 27.9 million in 2023).

Previous guidance

Aspo Group’s comparable EBITA is expected to exceed EUR 32 million in 2024 (EUR 27.9 million in 2023).

Rolf Jansson, Aspo CEO:

Despite the updated profitability guidance for year 2024, Aspo’s solid strategy execution and major investments during year 2024 support a longer-term profitability level that is significantly above current company financial performance. The higher future profitability is especially based on the acquisitions completed by Telko and Leipurin and ESL Shipping’s committed investments in new green coaster and handy sized vessels. The growth investments already made have more than fully compensated for the lost financial performance from exiting Russia.

As earlier announced the financial ambition of Aspo remains to reach net sales of EUR 1 billion and EBITA of 8% in year 2028. The financial guidance for year 2025, will be given when the full year 2024 figures of Aspo are released in February 2025.



Aspo Plc



Rolf Jansson

CEO



Further information, please contact:

Rolf Jansson, CEO, tel. +358 40 0600 264,



Distribution:

Nasdaq Helsinki

Key Media

Aspo creates value by owning and developing business operations sustainably and in the long term. Our companies aim to be market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these aiming to be forerunners in sustainability. Aspo supports its businesses profitability and growth with the right capabilities. Aspo Group has businesses in 17 different countries, and it employs approximately 800 professionals.



Attachment



EN
10/12/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aspo Plc

 PRESS RELEASE

Aspo: Changes in the number of own shares

Aspo: Changes in the number of own shares Aspo Plc Stock exchange release 3 March, 2026 at 16.00 EET Aspo: Changes in the number of own shares Based on a decision made by the Board of Directors, Aspo Plc has transferred a total of 46,105 own shares held by the company to settle its commitments to participants of its remuneration programs, including both short and long-term remuneration. After the above-mentioned transfers, a total of 81,057 shares remain in the company's possession. Aspo Plc Distribution:Nasdaq HelsinkiKey media For more information, please contact: Erkka Repo, C...

 PRESS RELEASE

Aspo: Muutos omien osakkeiden omistuksessa

Aspo: Muutos omien osakkeiden omistuksessa Aspo Oyj Pörssitiedote 3.3.2026 klo 16.00 Aspo: Muutos omien osakkeiden omistuksessa Aspo Oyj on luovuttanut yhtiön hallituksen päätöksen nojalla yhteensä 46 105 yhtiön hallussa olevaa omaa osaketta. Näin täytetään yhtiön sitoumukset palkitsemisjärjestelmiin kuuluville henkilöille sekä lyhyen että pitkän aikavälin palkitsemisjärjestelmien puitteissa. Omien osakkeiden luovuttamisen jälkeen Aspolla on hallussaan 81 057 osaketta. Aspo Oyj Jakelu: Nasdaq HelsinkiKeskeiset tiedotusvälineet Lisätietoja:Erkka Repo, talous- ja rahoitusjohtaja, A...

 PRESS RELEASE

Aspo Plc - Managers' Transactions - Erkka Repo

Aspo Plc - Managers' Transactions - Erkka Repo Aspo Plc Managers’ transactions March 3, 2026 at 14.00 EET    Aspo Plc - Managers' Transactions - Erkka Repo____________________________________________Person subject to the notification requirementName: Erkka RepoPosition: Chief Financial OfficerIssuer: Aspo OyjLEI: 7437000TB0GHDHLPX677Notification type: INITIAL NOTIFICATIONReference number: 145229/4/4____________________________________________Transaction date: 2026-03-02Outside a trading venueInstrument type: SHAREISIN: FI0009008072Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE ...

 PRESS RELEASE

Aspo Oyj - Johdon liiketoimet - Erkka Repo

Aspo Oyj - Johdon liiketoimet - Erkka Repo Aspo Oyj Johtohenkilöiden liiketoimet 3.3.2026 klo 14.00  Aspo Oyj - Johdon liiketoimet - Erkka Repo____________________________________________IlmoitusvelvollinenNimi: Erkka RepoAsema: TalousjohtajaLiikkeeseenlaskija: Aspo OyjLEI: 7437000TB0GHDHLPX677Ilmoituksen luonne: ENSIMMÄINEN ILMOITUSViitenumero: 145229/4/4____________________________________________Liiketoimen päivämäärä: 2026-03-02Kauppapaikka ei sovelluInstrumenttityyppi: OSAKEISIN: FI0009008072Liiketoimen luonne: OSAKEPALKKION VASTAANOTTAMINEN Liiketoimien yksityiskohtaiset tiedot(1): ...

 PRESS RELEASE

Aspo Plc - Managers' Transactions - Taru Uotila

Aspo Plc - Managers' Transactions - Taru Uotila Aspo Plc Managers’ transactions March 3, 2026 at 14.00 EET    Aspo Plc - Managers' Transactions - Taru Uotila____________________________________________Person subject to the notification requirementName: Taru UotilaPosition: Other senior managerIssuer: Aspo OyjLEI: 7437000TB0GHDHLPX677Notification type: INITIAL NOTIFICATIONReference number: 145277/6/4____________________________________________Transaction date: 2026-03-02Outside a trading venueInstrument type: SHAREISIN: FI0009008072Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch