Brief: Broedrene Hartmann Q1 Operating Profit Falls To DKK 44 Mln

Broedrene Hartmann A/S

19/05/2022 13:51

May 19 (Reuters) - Broedrene Hartmann A/S  HARTb.CO :
    * Q1 GROUP REVENUE DKK 776 MILLION (2021: DKK 750 MILLION)
    * Q1 OPERATING PROFIT DKK 44 MILLION (2021: DKK 180 MILLION)
    * Q1 GROUP REVENUE INCREASED TO DKK 776 MILLION (2021: DKK
750
MILLION).
    * MAINTAINS 2022 GUIDANCE
    * FULL-YEAR REVENUE WILL BE NEGATIVELY IMPACTED BY DECISION
TO
INITIATE A SALES PROCESS FOR GROUP'S RUSSIAN FACTORY AND STOP
ALL EXPORT SALES TO RUSSIA
    * Q1 DRAMATIC DECLINE IN SALES TO UKRAINE FOLLOWING RUSSIAN
INVASION WILL ALSO NEGATIVELY IMPACT FULL-YEAR REVENUE
    * AFTER BALANCE SHEET DATE, CO INITIATED SALES PROCESS FOR
RUSSIAN
FACTORY

Source text: https://mfn.se/nir/a/brdr-hartmann/hartmann-delivered-solid-performance-in-challenging-q1-2022-238277b7
Further company coverage:  HARTb.CO 

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