November 4 - Helsinki headquartered Nurminen Logistics has updated its financial outlook for 2015, forecasting a decline in net sales and operating results.
Nurminen Logistics expects its net sales, operating result without exchange rate changes and earnings per share to decline significantly from the 2014 levels, resulting from the sale of Nurminen Logistics Heavy Oy's shares and the depreciation of the rouble.
If realised, Nurminen's planned fleet sales will have a positive impact on cash flow and its overall financial position. However, the effect of fleet sales on the result depends on the rouble exchange rate at the time of the transaction.
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