Olvi Reiterates Near-term 2025 Outlook

April 23 (Reuters) - Olvi Oyj OLVAS.HE:

• OLVI Q1 SALES EUR 132.8 MILLION

• OLVI Q1 NET INCOME EUR 9.8 MILLION

• OLVI Q1 EPS EUR 0.46

• OLVI Q1 EBIT EUR 12.4 MILLION

• OLVI Q1 INVESTMENTS EUR 11 MILLION

• OLVI Q1 GROSS PROFIT EUR 54.3 MILLION

• NEAR-TERM OUTLOOK FOR 2025 (UNCHANGED)

• NEAR-TERM OUTLOOK FOR 2025 UNCHANGED

• OVERALL DEMAND IN MARKET HAS BEEN EVEN MORE SUBDUED THAN EXPECTED

• CHANGE IN TARIFFS BETWEEN UNITED STATES AND EUROPE HAS NO DIRECT SIGNIFICANT IMPACTS ON OLVI'S OPERATIONS

• RESPONDING TO INCREASE IN COSTS BY IMPROVING OPERATIONAL PRODUCTIVITY AND ASSESSING SALES PRICES AND SELECTIONS TO MAINTAIN PROFITABILITY