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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Martela downgrades 2013 forecast

Friday 20 December 2013

Martela Group experienced lower than expected demand for the fourth quarter in Finland and Sweden which has led management to reduce its forecast of 2013 revenue to the range of approximately EUR 130 – 135 million and its operating result to be below the 2012 level. In 2012, revenue was EUR 142.7 million and its operating loss was EUR 0.9 million.

Martela’s consolidated financial statements for 2013 will be published on Tuesday, 4 February 2014.

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