Market announcement

AS Ekspress Grupp

LEI code

529900B52V1TUMW7FS54

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

4034

Submission date and time

03.05.2013 14:06:33

Content of announcement in Estonian

Title

Muudatus ASi Ekspress Grupp finantstulemuste avaldamises

Message

Tallinn, Eesti, 2013-05-03 13:06 CEST (GLOBE NEWSWIRE) --


AS Ekspress Grupp lõpetab alates maist igakuisete eelmise kuu käibenumbrite
deklareerimise ning asendab selle kvartalisaruannetes esitatava järgmise
aruandlusperioodi käibe ning kasumi prognoosiga. Esimest korda avaldab ettevõte
järgneva kvartali käibe ning kasumiprognoosi käesoleva aasta esimese kvartali
vahearuandes. Ettevõte on seisukohal, et prognoosi esitlemine investoritele
annab paremat informatsiooni hindamaks kontserni käekäiku ning majandustulemuse
väljavaateid kui igakuised müügitulemused, mis tihti ei korreleeru automaatselt
ettevõtte kasumis aset leidvate muutustega. 


         Lisainformatsioon:
         Gunnar Kobin
         Juhatuse esimees
         GSM: +372 5188111
         e-mail: [email protected]

Content of announcement in English

Title

Amendment to the Financial Disclosures of AS Ekspress Grupp

Message

Tallinn, Estonia, 2013-05-03 13:06 CEST (GLOBE NEWSWIRE) --


From May, AS Ekspress Grupp will no longer publish monthly sales results.
Instead, sales and profit forecast for the next reporting period will be
submitted to the quarterly interim reports. AS Ekspress Grupp will publish the
next quarter’s sales and profit forecast for the first time in the Interim
Report for the First Quarter of 2013. The company believes that in order to
assess the Group’s performance and economic prospects, presentation of the
prognosis will provide the investors with better information than monthly sales
results which often does not automatically correlate with changes in the
company’s profit. 


         Additional information:
         Gunnar Kobin
         Chairman of the Management Board
         GSM: +372 5188111
         e-mail: [email protected]