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2016-02-10

Pöyry PLC: Pöyry PLC's notice concerning annual accounts for 2015

PÖYRY PLC Financial Statement Release 10 February 2016 at 8:30 a.m.
EET

OPERATING PROFIT IMPROVED

HIGHLIGHTS JANUARY - DECEMBER 2015

(Figures in brackets, unless otherwise stated, refer to the same period of the
previous year.)

* Operating profit increased to EUR 4.0 (-23.1) million. It improved in all
Business Lines, especially in the Regional Operations and in the Industry
Business Group.
* Comparable net sales were EUR 575.3 (552.4) million. Reported net sales in
2014 were EUR 571.2 million.
* The Group's order stock at the end of December was EUR 465.5 (472.5)
million.

KEY FIGURES

------------------------------------------------------------------------------------------------------------
| 10-12/ 10-12/ Change, 1-12/ 1-12/ Change, |
| Pöyry Group 2015 2014 % 2015 2014 % |
| Order stock at the end of period, EUR million 465.5 472.5 -1.5 465.5 472.5 -1.5 |
| Net sales total, EUR million 144.5 136.4 5.9 575.3 571.2 0.7 |
| Operating profit/loss, EUR million 0.1 -12.2 n.a. 4.0 -23.1 n.a. |
| Operating margin, % 0.1 -8.9 0.7 -4.0 |
| Profit/loss before taxes, EUR million -0.9 -14.9 n.a. 6.0 -28.0 n.a. |
| Earnings per share, basic, EUR 0.00 -0.21 n.a. 0.09 -0.40 n.a. |
| Earnings per share, diluted, EUR 0.00 -0.21 n.a. 0.09 -0.40 n.a. |
| Gearing, % 3.6 39.1 |
| Return on investment, % 6.1 -9.9 |
| Average number of personnel, full time equivalents (FTE) 5,029 5,433 -7.4 |
------------------------------------------------------------------------------------------------------------
All figures and sums have been rounded off from the exact figures, which may
lead to minor discrepancies upon addition or subtraction.

MARTIN À PORTA, PRESIDENT AND CEO:

"Our overall market situation continues to be challenging. However, we are
well positioned in a number of growth markets like the Middle East and Asia
to tap into opportunities arising in the short and midterm.

We can see a continued positive trend with Pöyry's performance in 2015 and in
the fourth quarter. The last quarter was already a fourth consecutive one
with a positive operating result, despite some one-time expenses that still
burdened our results. We can still improve our performance by turning around
a few units that are not yet contributing to the level of our expectations.

Pöyry is now ready to enter the next phase of development after restructuring.
We will do everything to improve our competitiveness and to ensure that
clients are always the main focus in everything we do. Furthermore, I see
three elements that will guide us over the next years: Driving simplification
and empowerment of the organisation, strengthening the core of our business
and getting ready to scale up."

DIVIDEND PROPOSAL

The Group's parent company Pöyry PLC's net result for 2015 amounted to EUR
-5,366,546.04 and retained earnings were EUR 31,207,443.27. The total
distributable earnings were EUR 25,840,897.23. The Board of Directors of
Pöyry PLC will propose to the Annual General Meeting on 10 March 2016 that no
dividend will be paid for the year 2015.

MARKET OUTLOOK FOR 2016

The economic and market outlook for 2016 remains challenging. However, it is
also expected to offer new business opportunities for Pöyry. Lower oil and
other energy prices can stimulate private demand and investments globally. In
addition, the quantitative easing programme of bond purchases launched by the
European Central Bank in 2015 is aimed to create conditions for regional and
global recovery. Despite the slowing growth in China, the economic growth in
the US and the UK is projected to remain robust.

For the businesses relevant to Pöyry, the sector specific outlook remains
mixed. In the graphic paper industry, the decline in structural consumption
is set to continue. However, in other forest product industry sectors, the
outlook is improving. For energy, and other industrial sectors relevant to
Pöyry's businesses, the prospects remain unchanged and investment activity is
expected to gradually improve. In Europe, growth remains fragile, delaying
economic recovery and investment decisions.

CHANGES IN PERFORMANCE MEASURES

In accordance to European Securities and Markets Authority's guidelines on
Alternative Performance Measures published in October 2015, Pöyry will
disclose from 2016 onwards Adjusted operating result in addition to other key
figures.

Adjusted operating result

--------------------------------------------------------------------------------------
| 1-12/ 1-12/ |
| EUR million 2015 2014 |
| Operating profit / loss 4.0 -23.1 |
| Write-down of Venezuelan receivables - 13.9 |
| Restructuring and labour claim*)expenses 2.7 5.7 |
| Gains / losses related to divestments -0.2 -19.1 |
| Profits/ losses related to projects from former Urban Business Group 2.0 12.1 |
| Profits / losses related to projects finalized over two years ago 0.9 3.4 |
| Other - 2.3 |
| Adjusted operating result 9.4 -4.8 |
--------------------------------------------------------------------------------------
*)Labour claim expenses are expenses related to employment claims customary in
one of the Group's operating countries and are based on local professional
opinions.

Pöyry discloses adjusted operating result in order to have more transparency
and in order to have a measure with which it is possible to assess the
development of the performance from one period to another. The adjustment
items are not related to the business operations of the reporting period and
include restructuring and labour claim expenses, gains/ losses related to
divestments and profits/ losses related to projects from former Urban
Business Group or projects which have been finalized over two years ago. The
adjusted figures for Business Lines are included in disclosures of this
Financial Statement release.

FINANCIAL OUTLOOK FOR 2016

The Group's adjusted operating result is expected to be positive.

CORPORATE GOVERNANCE STATEMENT

Pöyry will publish its Corporate Governance Statement 2015 and its Financial
Statements 2015, including the Report of the Board of Directors, on 18
February 2016 at the latest. The Corporate Governance Statement will be
published separately from the Board of Directors' report and financial
statements, and will be published on the company's website atwww.poyry.com.

MATERIALS TO THE AGM

The financial statements, the Board of Directors' report, the Corporate
Governance Statement, as well as other documents presented to the Annual
General Meeting will be published on the company's website atwww.poyry.comon
18 February 2016 at the latest.

This is a summary of the January-December 2015 financial statement release.
The complete financial statement release is enclosed with this company
announcement and is available in full on the company's website at
www.poyry.com. Investors are advised to review the complete financial
statement release with tables.

PÖYRY PLC

Additional information:
Jukka Pahta, CFO
tel. +358 10 33 22629

INVITATION TO CONFERENCES TODAY ON 10 FEBRUARY 2016

Pöyry's January-December 2015 result will be presented at the following news
conferences:

A conference for analysts, investors and press will be arranged at 12:00 p.m.
Finnish time (EET) at Restaurant Savoy, Eteläesplanadi 14, Helsinki, Finland.
The event will be hosted by Martin à Porta, President and CEO and Jukka
Pahta, CFO.

An international conference call and webcast in English will begin at 5:00
p.m. Finnish time (EET). The event will be hosted by Jukka Pahta, CFO.

* 10:00 a.m. US EST (New York)
* 3:00 p.m. GMT (London)
* 4:00 p.m. CET (Paris)

The webcast may be followed online on the company's website www.poyry.com. A
recording will be made available by the next working day on the same website.

To attend the conference call, please dial:

* FI: +358 (0)9 2313 9201
* SE: +46 (0)8 5052 0110
* UK: +44 (0)20 7162 0077
* US: +1 334 323 6201
* Other countries: +44 (0)20 7162 0077

Conference ID: 956768

Due to the nature of the live webcast, we kindly ask those attending the
international conference call and webcast to dial in 5 minutes prior to the
start of the event.

Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and provide local services
in our core markets. We deliver management consulting and engineering
services, underpinned by strong project implementation capability and
expertise. Our focus sectors are power generation, transmission&distribution,
forest industry, chemicals&biorefining, mining&metals, transportation and
water. Pöyry has an extensive local office network employing about 6,000
experts. Pöyry's net sales in 2015 were EUR 575 million and the company's
shares are quoted on NASDAQ Helsinki (Pöyry PLC: POY1V).

DISTRIBUTION:
NASDAQ Helsinki
Major media
www.poyry.com

Financial Statement Release January-December 2015
http://hugin.info/120101/R/1984887/727800.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire

HUG#1984887

Författare WKR

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