Interim financial report for the period 1 October 2016-30 June 2017

Copenhagen, 2017-08-28 11:26 CEST (GLOBE NEWSWIRE) -- Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the interim financial report for the first nine months of the financial year 2016/2017. The interim financial report has not been audited or reviewed by the company's auditor.

Results of the first nine months: 

• Operating profit (EBIT) came to DKK 246 million compared to DKK 312 million in the first nine months of last financial year.
• Consolidated revenue came to DKK 8,234 million against DKK 7,596 million in the same period last financial year, corresponding to an increase of 8.4%.
• Construction generated EBIT of DKK 151 million.
• Pipe Technologies generated EBIT of DKK 49 million.
• Ground Engineering generated EBIT of DKK 46 million.
• The Group's net interest-bearing debt came to DKK 302 million as at 30 June 2017.
• The equity ratio was 39% as at 30 June 2017.

Outlook for the financial year 2016/2017: 

• We maintain our expectations for an EBIT level of DKK 375 million for the financial year. Expectations for revenue are changed to a growth of approx. 6% against previously approx. 5%.

Further information:

General Manager Ebbe Malte Iversen, tel. 8744 2222.

Vedhæftede filer:

Q3_2016_2017_UK.pdf