PERLOS CORPORATION STOCK EXCHANGE RELEASE SEPTEMBER 18, 2006 at 9.45 A.M.
Perlos Corporation's net sales has developed as expected in July-August, and as previously guided, the third quarter net sales is estimated to be at the level of the second quarter. However, the comparable operating result exclusive of non-recurring items is anticipated to come in significantly below that of the second quarter.
Perlos has earlier estimated that the third quarter comparable operating result exclusive of non-recurring items would be at the level of the second quarter or slightly below it.
Full-year net sales is expected to grow in line with the volume growth of the global mobile phone market, and the comparable operating result exclusive of non-recurring items is estimated to be at the level of the year 2005.
According to the previous guidance, full-year net sales was estimated to grow at least in line with the volume growth of the mobile phone market, and the comparable operating result exclusive of non-recurring items was anticipated to improve on the previous year.
The weaker profitability is mainly due to the fact that low value-added products comprised a greater share of net sales than expected.
Perlos will publish its third quarter interim report on October 26, 2006.
PERLOS CORPORATION Isto Hantila President and CEO
Further information on September 18, 2006 at 10.00 - 11.30 a.m. Finnish time: - Isto Hantila, President and CEO, tel. +358 9 2500 7200
PERLOS IN BRIEF Perlos Corporation is a global design and manufacturing partner for the telecommunications and healthcare industries. The service offering covers the whole product life cycle from industrial design to manufacturing, logistics and new product versions. The production facilities are located in Asia, Europe and the Americas and the company is headquartered in Finland. In 2005, Perlos Corporation's net sales amounted to EUR 666,8 million and the company employed over 14,000 people worldwide at the end of June, 2006. Perlos share (POS1V) is traded on the Helsinki Stock Exchange.
DISTRIBUTION Helsinki Stock Exchange Media www.perlos.com
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