Tulosvaroitus

Tulosvaroitus is a Finnish term used for a public statement issued by a company listed on a regulated market, indicating that its earnings for the current or upcoming reporting period are likely to differ from previously communicated targets. It is a mechanism to promote transparency and timely disclosure to investors and the market.

The warning typically states whether the company expects to miss or, less commonly, beat its guidance, and by what magnitude. It may provide reasons for the deviation, such as weaker demand, adverse market conditions, cost overruns, or one-off items. The announcement specifies the affected period (for example, the year or a quarterly period) and often offers a cautious outlook for the near term. The content is designed to give investors sufficient information to reassess valuation and expectations.

Regulatory and market context: Tulosvaroitus is part of the Finnish market’s disclosure framework. It is usually issued when a company has given earnings guidance and needs to revise it. The notice is disseminated through the company’s investor relations channels and the Nasdaq Helsinki News Service, and can be monitored by the Finnish Financial Supervisory Authority. Such announcements can lead to heightened share price volatility and trading activity as investors adjust positions based on the revised outlook.

See also: profit warning, earnings guidance.