ASPO'S CAPITAL MARKETS DAY ON JANUARY 19, 2010
(Thomson Reuters ONE) - ASPO PLC STOCK EXCHANGE RELEASE JANUARY 19, 2010 AT 08:30As announced previously, Aspo Plc will today, January 19, 2010, starting from8:30 a.m., arrange a Capital Markets Day. The presentation material in Finnishwill be available at the company's website, www.aspo.fi ,at approximately 12:30 p.m. today.Summary:Aspo Group's strategy and financial targets will remain unchanged. The companyaims to achieve an operating profit of 5% to 10%, return on investment and onequity at 20%, and to annually share average dividends amounting toapproximately at least half of the profit for the fiscal year.The outlook for 2009 issued by Aspo in its interim report for January toSeptember will remain unchanged. According to the previous announcement, it hasbeen estimated that Aspo has the preconditions to reach the operating profitlevel of continuing operations seen last year, whereas earnings per share isexpected to be below the previous year's record level.The Finnish state has announced that it will renew the tonnage taxation. In itsinterim report for January to September 2009, Aspo expects ESL Shipping to agreeto follow the possible revised tonnage taxation principle. Adopting the newtonnage taxation depends on an approval process by the European Commission,which is expected to be concluded during 2010. If the new tonnage taxationbecomes valid as has been proposed, it would have a positive impact on Aspo'sprofit.During the event, the business units will present their strategies and the focusareas for future operational development. In the future, Aspo's businessoperations will focus on growth in the developing markets of Russia and the CIS.As announced previously, already almost one third of the company's turnovercomes from Russia and other CIS countries. According to forecasts, future growthwill be enabled by the annual growth of the Russian GDP, an increased consumerdemand for Western bakery food in particular, as well as the industry'sincreasing investments in developing local industry. Telko is going to launchoperations in China during 2010 in order to provide services to its currentnorthern European clientele who have transferred more and more of theirproduction to China. Moreover, during 2010, Leipurin and Telko will increase thenumber of their offices in Russia, and possibly in Kazakhstan.ASPO PlcAki OjanenCEOFurther information:CEO Aki Ojanen, Aspo Plc, +358 9 5211, +358 400 106 592,aki.ojanen(at)aspo.fiDistribution:NASDAQ OMX HelsinkiKey Mediawww.aspo.com Aspo is a conglomerate that owns and develops business operations in the BalticSea region focusing on demanding B-to-B customers. Our strong company brands -ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leadersin their sectors. They are responsible for their own operations, customerrelationships and the development of these. Together they generate Aspo'sgoodwill. Aspo's Group structure and business operations are continuallydeveloped without any predefined schedules.[HUG#1374593]
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Datum: 19.01.2010 - 01:31 Uhr
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