Viria Raises Its Forecast for Last Year’s Turnover

According to preliminary information, Viria’s turnover increased more in 2017 than what the company anticipated in its interim report that was published in October.

The turnover for the year is estimated to exceed EUR 87 million, while in October it was estimated at EUR 83–85 million. The new forecast is based on unaudited preliminary financial performance data for the reporting period. The company’s profitability is forecast to be in line with the information published in October.

On 25 October 2017, the company forecast its outlook for late 2017 as follows:
The turnover of the companies in the Viria Group has increased compared to the previous year and the growth is anticipated to continue towards the end of 2017 as well. Also the profitability of the companies is estimated to improve in comparison with last year. The Group’s turnover for the year is estimated at EUR 83–85 million and the EBITDA margin at 6–8 %.

Viria will publish a bulletin about its 2017 annual accounts on 22 February 2018.

More information Mika Vihervuori, CEO, tel. 040 720 2140

Viria has strong expertise in cyber and physical security, network solutions, information management and TV services. The Viria Group consists of the parent company Viria Plc and its subsidiaries Viria Securi Ltd, Viria LAN&WAN Ltd, Hibox Systems Oy Ab, Tansec Oy and AB Sappa. All the companies are growing well, and many are among the largest operators in their markets. www.viria.fi

Pertti Pikkarainen

Manage all your security in one place

Viria Security is one of Finland’s largest security companies, and is the only one to focus on a holistic approach covering everything from door locking systems to DDoS protection.