Brief: Broedrene A & O Johansen Q2 EBITDA Down At DKK 92.6 Mln

Broedrene A & O Johansen A/S

17/08/2023 13:55

Aug 17 (Reuters) - Broedrene A & O Johansen A/S
 AOJb.CO :
    * INTERIM FINANCIAL REPORT FOR THE PERIOD 1 JANUARY - 30
JUNE 2023
    * Q2 EBITDA DKK 92.6 MILLION VERSUS DKK 119.4 MILLION YEAR
AGO
    * GUIDANCE ASSUMES THAT DEMAND WILL CONTINUE TO BE
NEGATIVELY
IMPACTED BY HIGH COST INFLATION AND INCREASED INTEREST RATES IN
H2
    * Q2 CONSOLIDATED REVENUE DKK 1,266.1 MILLION AGAINST
1,318.8
MILLION FOR Q2 OF 2022
    * REVENUE GROWTH IS EXPECTED TO BE FLAT TO SLIGHTLY NEGATIVE
IN
SECOND HALF OF 2023
    * H2 MARGINS ARE EXPECTED TO BE SLIGHTLY LOWER THAN LAST
YEAR
    * EBITDA OUTLOOK UNCHANGED IN RANGE OF DKK 435-465 MILLION
    * FY23 REVENUE UPDATED TO DKK 5,350-5,500 MILLION FROM DKK
5.250-5.450 MILLION

Source text for Eikon:  ID:nGNE9LXBBm 
Further company coverage:  AOJb.CO 

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