Brief: Hartmann Q2 Operating Profit Rises To DKK 60 Million

Broedrene Hartmann A/S

21/08/2018 14:03

Aug 21 (Reuters) - Broedrene Hartmann A/S  HARTb.CO :
    * REG-HARTMANN REPORTED PROFITABLE GROWTH IN Q2
    * Q2 REVENUE DKK 542 MILLION VERSUS DKK 514 MILLION YEAR AGO
    * MAINTAIN OUR GUIDANCE OF A RETURN ON INVESTED CAPITAL OF
AT
LEAST 18%
    * EXPECTED IMPACT FROM ADJUSTMENT FOR HYPERINFLATION OF
OPERATIONS
IN ARGENTINA
    * MAINTAIN OUR GUIDANCE OF TOTAL CAPITAL EXPENDITURE OF
AROUND DKK
150 MILLION.
    * Q2 OPERATING PROFIT DKK 60 MILLION VERSUS DKK 32 MILLION
YEAR
AGO
    * REITERATES GUIDANCE FOR 2018 AND EXPECTS TO REACH LOWER
END OF
OUR GUIDANCE INTERVAL FOR REVENUE OF DKK 2.2-2.3 BILLION
    * REITERATE OUR GUIDANCE AND EXPECT TO REACH LOWER END OF
OUR
GUIDANCE INTERVAL FOR REVENUE OF DKK 2.2-2.3 BILLION

Source text for Eikon:  ID:nGNE6gH7Y8 
Further company coverage:  HARTb.CO 

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