Brief: FirstFarms 2017 EBIT Swings To Profit DKK 17.1 Million

FirstFarms A/S

27/03/2018 11:17

March 27 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-ANNUAL REPORT 2017 FOR FIRSTFARMS A/S
    * FY 2017 EBIT RESULT AT DKK 17.1 MILLION
    * EARNINGS IN 2018 ARE EXPECTED TO BE STABLE FOR MILK- AND
PIG
PRODUCTION IN EU, HOWEVER CHALLENGED ON MARKET PRICES
    * CROP PRICES ARE EXPECTED TO BE ON PAR WITH REALISED PRICES
IN
2017
    * ‍IN 2018, FIRSTFARMS EXPECTS AN IMPROVED EBITDA AND EBIT
RESULT.​
    * FY NET TURNOVER DKK 190.7 MILLION VERSUS DKK 130.3 MILLION
YEAR
AGO
    * ‍EBITDA IS EXPECTED IN LEVEL OF DKK 49-53 MILLION AND EBIT
OF
DKK 22-26 MILLION IN 2018​
    * ‍IN 2017, AN EBITDA OF DKK 43.7 MILLION AND EBIT OF DKK
17.1
MILLION IS REALISED.​
    * ‍EARNINGS IN 2018 ARE EXPECTED TO BE STABLE FOR MILK- AND
PIG
PRODUCTION IN EU, HOWEVER CHALLENGED ON MARKET PRICES.​

Source text for Eikon:  ID:nGNE1jdNfv 
Further company coverage:  FFARMS.CO 

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