Asiakastieto Group Plc adjusts its future outlooks on net sales and operating profit

12/04/2016

ASIAKASTIETO GROUP PLC, STOCK EXCHANGE RELEASE 12 APRIL 2016, 2.00 P.M. EEST

Asiakastieto Group Plc adjusts its future outlooks on net sales and operating profit

Asiakastieto Group's net sales have increased faster than predicted in the first three months of the year, being 13,6 %. In its future outlook, Asiakastieto Group has previously reported expected net sales growth rate to be at the same level as in 2015 (5,6%). The growth is especially due to the good growth of new services and the increase in volume. 

On the annual level, the increase in net sales is expected to exceed the level of last year. The faster-than-anticipated increase in net sales will be positively reflected in the company's profitability.

The operating profit (EBIT) is expected to grow more than guided earlier. Asiakastieto Group has previously guided that it expects the operating profit for 2016 to slightly increase from the previous year.

Asiakastieto Group publishes the Interim Report for the 1. quartile of 2016 on 4.5.2016.

ASIAKASTIETO GROUP PLC

For further information:
Jukka Ruuska, CEO
tel. +358 10 270 7111

Distribution:
Nasdaq Helsinki Ltd
major media
investors.asiakastieto.fi

Asiakastieto Group is one of the leading providers of business and consumer information services in Finland. The Group's products and services are primarily used for risk management, finance and administration, decision-making and sales and marketing purposes. The Group has approximately 13 000 contract customers and it serves several industries, the largest ones including finance and banking, wholesale and retail sectors and expert services. In 2015, the Group's net sales totaled 43,7 million euros and at the end of 2015, the Group employed 152 people. Asiakastieto Group's share is listed on Nasdaq Helsinki Ltd under symbol ATG1V. For more information about Asiakastieto Group, please visit www.asiakastieto.fi.