Brief: Broedrene Hartmann Adjusts Guidance For 2018

Broedrene Hartmann A/S

01/10/2018 23:09

Oct 1 (Reuters) - 
    * HARTMANN ADJUSTS GUIDANCE FOR 2018 DUE TO PROSPECTS OF
SIGNIFICANTLY HIGHER ENERGY COSTS IN H2 AND GENERAL CLAIM FOR
REPAYMENT OF PUBLIC ENERGY SUBSIDY
    * BROEDRENE HARTMANN -GROUP REVENUE EXPECTED TO COME TO DKK
2.1-2.2 BILLION IN 2018
    * BROEDRENE HARTMANN -CAPITAL EXPENDITURE IS STILL EXPECTED
TO
COME TO AROUND DKK 150 MILLION IN 2018
    * BROEDRENE HARTMANN -EXPECTS PROFIT MARGIN BEFORE SPECIAL
ITEMS
AROUND 10% AND ROIC OF AROUND 17% IN 2018
    * BROEDRENE HARTMANN-IN H2, CO'S EARNINGS EXPECTED TO BE
NEGATIVELY IMPACTED BY HIGHER ENERGY COSTS IN EUROPE IN
PARTICULAR AND OTHER MARKETS TO A LESSER EXTENT
    * BROEDRENE HARTMANN -EXPECTS SPECIAL ITEMS TO AMOUNT TO A
MAXIMUM
OF DKK -35 MILLION IN 2018 AGAINST FORMER EXPECTATIONS OF AROUND
DKK -25 MILLION
    * BROEDRENE HARTMANN - REVISION FOR GROUP REVENUE IN 2018 
IS
PREDOMINANTLY DUE TO HYPERINFLATION ADJUSTMENTS

Source text for Eikon:  ID:nGNE1n1w2Y 
Further company coverage:  HARTb.CO 

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