Brief: Broedrene Hartmann adjusts 2017 guidance, gives 2018 guidance

Broedrene Hartmann A/S

25/10/2017 15:15

Oct 25 (Reuters) - BROEDRENE HARTMANN A/S  HARTb.CO : 
    * ADJUSTMENT OF 2017 GUIDANCE AND DISCLOSURE OF 2018 
GUIDANCE 
    * NOW EXPECTS FY REVENUE AROUND DKK 2.2 BILLION AND A PROFIT 
MARGIN AROUND 11% 
    * NOW SEES FY RETURN ON INVESTED CAPITAL AROUND 16% 
    * TOTAL CAPITAL EXPENDITURE IS STILL EXPECTED TO BE AROUND 
DKK 200 MILLION IN 2017 
    * EXPECTS 2018 REVENUE OF DKK 2.2-2.3 BILLION AND A PROFIT 
MARGIN OF 11.5-13% 
    * SEES 2018 A RETURN ON INVESTED CAPITAL OF AROUND 18% 
    * ACCORDING TO PRELIMINARY FIGURES Q3 2017 GROUP REVENUE 
GREW TO DKK 557 MILLION (2016: DKK 482 MILLION) 
    * ACCORDING TO PRELIMINARY FIGURES Q3 2017 OPERATING PROFIT 
OF DKK 69 MILLION (2016: DKK 47 MILLION) 
 
Source text for Eikon:  ID:nGNE45T7TK  
Further company coverage:  HARTb.CO  
 
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