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ALK B — Alk-Abello A/S News Story

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Outlook hike, Q3 beat boost Alk-Abello shares

** Shares in Danish allergy solutions maker Alk-Abello ALKb.CO rise more than 12% after it reported a beat on the sales and profit lines and hiked its outlook

** The company's Q3 sales at DKK 1,530 million ($238.95 million) are 4% ahead of the consensus cited by Jefferies; similarly its quarterly EBIT and EBIT margin also beat expectations

** The company hikes its FY outlook, expecting revenue to grow by 13-15% (prev.: 12-14%), and EBIT margin target increased to close to 26% (prev.: close to 25%)

** If gains hold, Alk-Abello shares will track their best day in 1-1/2 year

($1 = 6.4029 Danish crowns)

(Reporting by Elviira Luoma)

((Elviira.luoma@thomsonreuters.com))

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