Exel Composites Q2/2015 sales remain on Q1/2015 level –

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Exel Composites Q2/2015 sales remain on Q1/2015 level – full year outlook unchanged

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE             18.6.2015 at 9.15 a.m.         

Exel Composites Q2/2015 sales remain on Q1/2015 level – full year outlook unchanged Exel Composites has recorded consistent sales and profit growth year-on-year during the last consecutive five quarters. However, in the second quarter of 2015 sales are expected to remain approximately on the same level as first quarter of 2015, whilst operating profit margin is estimated to be lower than in the first quarter of 2015 due to higher operational costs, primarily relating to the implementation of the long-term growth strategy.   

CEO Riku Kytömäki says: In the second quarter of 2015, orders from some customers are delayed and this will impact profitability. The Company has taken further actions to control costs and to drive sales. The Company’s outlook for the whole year still remains unchanged: The market has stabilized and we can see positive signs in the Company’s key market segments. However, uncertainties relating to general growth prospects in the economy continue. The Company implements its new strategy by reinforcing the organization, especially in sales resources, product development and operations development and by increasing its capacity. These efforts are expected to reduce the 2015 operating profit margin compared to 2014, but will position the Company better for long-term profitable growth.  

Vantaa, 18 June 2015

EXEL COMPOSITES PLC Riku Kytömäki President and CEO              

Further information Riku Kytömäki, President and CEO, tel. +358 50 511 8288, or email riku.kytomaki@exelcomposites.com Mikko Kettunen, CFO, tel. +358 50 3477 462, or email mikko.kettunen@exelcomposites.com Distribution NASDAQ OMX Helsinki Ltd. Main news media www.exelcomposites.com  

Exel Composites in brief Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships. The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in NASDAQ OMX Helsinki Ltd.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Solar Fencing Revolutionizes North Texas Homes

Updated Category News Views 4

Fences Go Solar: Welcome to the Future Land of fences and sunshine, North Texas is about to see a game changer in home improvement. Southwest Fence & Deck is rolling out the red carpet as an Authorized SOL Fence Installation Partner, putting solar power right in your backyard. Yeah, there have been sparks of innovation in plenty of fields, but who expected fences to join...

Continue Reading
2026 CEE Awards Highlight Energy Innovation Leaders

Updated Category News Views 6

Showcasing Cutting-Edge Home Energy Innovations It's that time of year again when the brightest innovators in home energy solutions get a nod from the Consortium for Energy Efficiency (CEE). This year's Integrated Home Competition spotlighted five trailblazing products that promise to reshape how we think about energy efficiency, demand flexibility, and sheer user comfort...

Continue Reading
Red Banyan Earns Top Honors in Florida for 2026

Updated Category News Views 5

Red Banyan: A Powerhouse in Reputation Management Boy, have you ever watched a company rise through the ranks almost like a caffeine kick on a drowsy morning? That's Red Banyan for you. This outfit, right out of Fort Lauderdale, snagged the '2026 Best of Florida' award as the cream of the crop in the Business Consulting Firms category. It’s like taking home an Oscar in...

Continue Reading
American Savings Bank IPO Hits NYSE: $129M Raised

Updated Category News Views 6

A Big Day for American Savings Bank Buckled up yet? Because American Savings Bank has just shot onto the NYSE, raising a hefty $129 million. A solid start, I’d say, for a Honolulu-based outfit that now struts around with a valuation tipping beyond $1.03 billion. That’s what you get when you price more than eight million shares at $16 a pop. NYSE:ASBH is the new kid on...

Continue Reading
Goddess Maintenance Co. Eyes BeautyMatter Award

Updated Category News Views 4

Challenging the Haircare Norm with Confidence Goddess Maintenance Co. doesn't just draft a fresh play in the beauty industry playbook—it's ripping out the old pages and setting a new standard. This ain't your granny's haircare game anymore, folks. They're up for a 2026 BeautyMatter Award, a nod to their gut-busting innovation in the conditioner category with their star...

Continue Reading
OrthoAtlanta Expands with Dr. Smith's Expertise Hire

Updated Category News Views 4

OrthoAtlanta Welcomes New Orthopedic Surgeon In a world where healthcare organizations are constantly stretching their wings, this new addition of Dr. Carson J. Smith to the fold at Piedmont Orthopedics | OrthoAtlanta stands out. This isn't just some cosmetic face-lift, folks. It's a real investment in the community, not to mention a crucial broadening of what this...

Continue Reading
Medicare Competitive Bidding May Slash Jobs, Access

Updated Category News Views 4

Medicare's New Program: Potential Knockout Punch? Today, we dive into Medicare's latest shake-up that might just be the unseen wrecking ball swinging toward thousands of jobs and small businesses in the healthcare sector. Two years from now, starting January 2028, the Competitive Bidding Program is set to reroute the entire landscape for suppliers of key medical products...

Continue Reading
Jacob Walthour to Be Honored for Economic Leadership

Updated Category News Views 5

The Honoring of Leadership That Goes Beyond Business In a world where financial influence often feels like it funnels into the same familiar pockets, the news of Jacob Walthour Jr.'s upcoming recognition feels like a fresh breeze of change. The Alpha Phi Alpha's Alpha Alpha Lambda Chapter is rolling out the red carpet at its Centennial Gala for Walthour, throwing him into...

Continue Reading
ScholarShare 529 Launches $50 Back-to-School Promo

Updated Category News Views 5

California Families Get a Boost With New 529 Plan Offer Everywhere you turn, it's 'back to school' mania right now, and ScholarShare 529 aims to ride that wave by sweetening the pot for parents ready to think ahead. So here's the gist—California's official college savings plan is handing out a $50 gift card for new accounts opened between now and September 30th. Setting...

Continue Reading
Propensity Rockets to No. 70 on the 2026 Inc. 5000 List

Updated Category News Views 5

Hold onto your hats, folks—Propensity just blasted its way to Number 70 on the Inc. 5000 for 2026. That's quite a leap from the 2,591 spot just last year. If you're scratching your head wondering what's behind this meteoric rise, it’s all about AI and knowing which buyer signals really matter. The AI Advantage in B2B The B2B marketing space isn't exactly the new Wild...

Continue Reading

Top 5 Most Recently Viewed Articles

Houlihan Lokey Reaches New Peak with $162.91 Stock Value

Updated Category News Views 145

Houlihan Lokey Achieves All-Time High Recently, shares of Houlihan Lokey (NYSE:HLI) Inc reached an impressive all-time high of $162.91. This milestone is indicative of the strong market confidence and positive investor sentiment surrounding the global investment bank. The stock has experienced remarkable growth, rising by 50.22% within the last year, largely driven by the...

Continue Reading
Mister Car Wash Transitioning Stock Listing to Nasdaq Markets

Updated Category News Views 113

Mister Car Wash Transitioning to Nasdaq Mister Car Wash, Inc. (NYSE: MCW), recognized as the largest car wash brand in the nation, is making a significant move in the financial market. The company has announced its intention to voluntarily transfer its common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. This transition is set to occur...

Continue Reading
Polaris Inc. Announces Upcoming Earnings Call for 2024

Updated Category News Views 201

Polaris Inc. Earnings Conference Call Announcement Polaris Inc. (NYSE: PII) has exciting news to share regarding their financial reporting schedule. The company is set to release its fourth quarter and full year 2024 financial results soon. This report will be made available on the company’s official website, providing insights into their performance over the past year....

Continue Reading
Charmaine Carmichael Joins Trifork as COO and UK Director

Updated Category News Views 426

Trifork Welcomes Charmaine Carmichael Trifork, a leading technology innovation partner, has recently made an exciting announcement regarding its leadership structure. The company has appointed Charmaine Carmichael to the newly created position of Group Chief Operating Officer (COO) and Director of Trifork UK. This strategic move aims to reinforce their commitment to...

Continue Reading
Duchesnay Pharmaceutical Group Achieves 2025 Healthiest Workplace

Updated Category News Views 209

Duchesnay Pharmaceutical Group Achieves Prestigious Recognition Duchesnay Pharmaceutical Group (DPG) has recently been awarded the 2025 Healthiest Workplace Award by Dialogue Health Technologies Inc. This accolade marks a significant achievement for DPG, showcasing the company's unwavering commitment to the well-being of its employees. Known for its innovative approaches...

Continue Reading