Lassila & Tikanoja Oyj
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Lassila & Tikanoja plc has issued a profit warning, updating its guidance for 2024. The company now estimates that its operating profit for 2024 will be below the previous year's level due to expenses related to strategic measures, though the adjusted operating profit is expected to be at the same level or better. These expenses, primarily external advisory costs, are classified as items affecting comparability and do not impact the adjusted operating profit. The company plans to focus on its circular economy business and has updated its outlook accordingly: net sales for 2024 are expected to be similar to the previous year, with the adjusted operating profit at the same level or better. Lassila & Tikanoja will release its Half-year Financial Report on 7 August 2024. The company operates in Finland and Sweden, employs around 8,160 people, and had net sales of EUR 802.1 million in 2023. It is listed on Nasdaq Helsinki.
Lassila & Tikanoja plc will release its Half-Year Report for January-June on Wednesday, 7 August 2024, at 8:00 am. The report will be available on the company's website. A webcast for analysts, investors, and media will be held at 10:30 am EET on the same day, hosted by CEO Eero Hautaniemi and CFO Joni Sorsanen. The presentation material will also be published on the website. Interested parties can join the teleconference by registering online. Lassila & Tikanoja, a company focused on the circular economy, operates in Finland and Sweden, employs 8,160 people, and reported net sales of EUR 802.1 million in 2023. The company is listed on Nasdaq Helsinki.
Lassila & Tikanoja plc announced its schedule for disclosing financial information in 2025. The key dates are: - Financial Statements Release 2024: 13 February 2025, 8.00 am - Interim Report January – March: 29 April 2025, 8.00 am - Half-year Report January – June: 7 August 2025, 8.00 am - Interim Report January – September: 29 October 2025, 8.00 am The Annual Report 2024 will be available on their website in week 10, and the Annual General Meeting is tentatively set for 27 March 2025, with final confirmation by the Board of Directors pending. Lassila & Tikanoja is a service company focused on the circular economy, aiming to enhance resource and energy use, and is listed on Nasdaq Helsinki. The company operates in Finland and Sweden, employing 8,160 people, with net sales of EUR 802.1 million in 2023. For more information, contact Hilppa Rautpalo at +358 10 636 2810.
Lassila & Tikanoja plc announced plans to accelerate its strategy execution and renew its Group Executive Board, in a bid to strengthen the growth of its circular economy business. The new board will assume their roles on 16 May, 2024, with Eero Hautaniemi continuing as CEO. Current board member Mikko Taipale will remain with the company but will no longer be part of the board. Petri Salermo, who leads Environmental Services, and General Council Sirpa Huopalainen will leave the company effective 16 May, 2024. The company plans to start immediate planning for a new operating model, aiming to complete planning by Autumn 2024. Changes in the board's composition will not affect the company's reporting segments.
Lassila & Tikanoja Oyj has announced that Laura Lares, a member of the board, has received a share-based incentive. The transaction involved 1598 shares, each with a unit price of 0 EUR. The transaction took place on May 2, 2024. Lassila & Tikanoja is a service company focused on the circular economy, with operations in Finland and Sweden, employing 8,160 people. In 2023, the company reported net sales of EUR 802.1 million.
Lassila & Tikanoja Oyj has released a statement regarding a transaction conducted by Sakari Lassila, a member of the board. The transaction involved the receipt of a share-based incentive, with 2146 shares at a unit price of 0 EUR. The notification was classified as an initial notification. Lassila & Tikanoja, a service company focused on the circular economy, operates in Finland and Sweden, employing 8,160 people. In 2023, the company reported net sales of EUR 802.1 million.
Lassila & Tikanoja Oyj, a service company focused on the circular economy, has released an initial notification regarding a transaction involving Pasi Tolppanen, a member of the board. Tolppanen has received a share-based incentive, receiving 1598 shares at a unit price of 0 EUR. The transaction took place outside a trading venue on May 2, 2024. The company, which operates in Finland and Sweden, reported net sales of 802.1 million EUR in 2023.
Lassila & Tikanoja Oyj has issued an initial notification regarding a share-based incentive received by Juuso Maijala, a member of the board. The transaction, which took place outside a trading venue on May 2, 2024, involved 1598 shares at a unit price of 0 EUR. This information was released by Lassila & Tikanoja's General Counsel, Sirpa Huopalainen. The company, which operates in Finland and Sweden, focuses on sustainable service solutions and had net sales of EUR 802.1 million in 2023.
Lassila & Tikanoja Oyj, a Finnish service company specializing in circular economy, has announced a share-based incentive received by Jukka Leinonen, a member of its board. The transaction, which took place outside a trading venue, involved 3196 shares at a unit price of 0 EUR. This initial notification was made on 2 May 2024. Lassila & Tikanoja operates in Finland and Sweden, employing 8,160 people, and reported net sales of EUR 802.1 million in 2023. The company is listed on Nasdaq Helsinki.
Lassila & Tikanoja Oyj has announced a share-based incentive received by Anni Ronkainen, a member of the board. The transaction involved 1,598 shares at a unit price of 0 EUR. The company, which operates in the service sector promoting circular economy, reported net sales of EUR 802.1 million in 2023. It employs 8,160 people in Finland and Sweden and is listed on Nasdaq Helsinki.