Bloomberg News

Lemminkaeinen Adds Profitability, Seeks 50 Million-Euro Savings

October 10, 2011

Oct. 10 (Bloomberg) -- Lemminkaeinen Oyj said it seeks 50 million euros of savings a year from an efficiency-improvement program that “most likely” won’t avoid impact on personnel.

The company kept its full-year guidance unchanged and confirmed previous financial targets even as it seeks to boost profitability, Lemminkaeinen said in a statement today.

Link to Statement:{NSN LSU6053HBS3L <GO>}

To contact the editor responsible for this story: Kati Pohjanpalo at

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