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Martela lowers its results forecast

Martela

Due to lower sales in Finland and Sweden, Finnish professional furniture maker Martela has lowered its financial results forecast.

Martela now expects its revenue for 2013 to be in the range EUR 130 – 135 million approximately and its operating result to be below the 2012 level.

Previously, Martela expected its revenue for 2013 to be down year on year and its operating result to be at or slightly below the 2012 level.

In 2012, Martela’s revenue was EUR 142.7 million and operating result was EUR -0.9 million.

Martela’s consolidated financial statements for 2013 will be published on Tuesday, 4 February 2014.

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