Brief: Broedrene A & O Johansen Q1 EBIT Up At DKK 82.1 Mln

Broedrene A & O Johansen A/S

29/04/2021 15:40

April 29 (Reuters) - Broedrene A & O Johansen A/S  AOJp.CO :
    * CONSOLIDATED REVENUE FOR Q1 OF 2021 WAS DKK 1,230.5
MILLION,
WHICH IS DKK 260.2 MILLION, OR 26.8%, MORE THAN FOR Q1 OF 2020
    * Q1 EBIT DKK 82.1 MILLION VERSUS DKK 51.8 MILLION YEAR AGO
    * INCREASES FY PRE-TAX PROFIT EXPECTATIONS FROM DKK 240-260
MILLION TO DKK 260- 280 MILLION
    * ACQUISITION OF COMPLET VVS A/S IS EXPECTED TO HAVE A
LIMITED
IMPACT ON GROUP'S NET PROFIT FOR YEAR
    * EXPANSION OF ALBERTSLUND CENTRAL WAREHOUSE IS EXPECTED TO
BE
COMPLETED IN FIRST HALF OF 2022, AND IT IS ESTIMATED TO AMOUNT
TO ABOUT DKK 200 MILLION
    * DKK 150 MILLION RELATED TO EXPANSION IS EXPECTED TO BE
RECOGNISED IN 2021
    * Q1 NET PROFIT DKK 64.6 MILLION VERSUS DKK 38.8 MILLION
YEAR AGO

Source text for Eikon:  ID:nNDL5FtKfM 
Further company coverage:  AOJp.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))