Terveystalo cuts full-year profit forecast

Healthcare company Terveystalo has cut its full-year adjusted operating profit forecast, Yle reports.

The company now expects adjusted operating profit of 110 million to 120 million euros this year. In its half-year report published in July, it forecast 120 million to 140 million euros.

Terveystalo’s adjusted operating profit was about 156 million euros last year. The company said its profitability from January to September was clearly lower than a year earlier and that demand was weak.