Brief: FirstFarms Acquires Land In Hungary

FirstFarms A/S

25/04/2022 14:32

April 25 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG- FIRSTFARMS A/S’ ACQUISITION OF LAND LEASES AND CROP
PRODUCTION IN HUNGARY
    * UPON COMPLETION OF TRANSACTION, EBIT IS EXPECTED TO BE
POSITIVELY AFFECTED BY 3-5 MDKK ANNUALLY
    * TRANSACTION WILL NOT AFFECT ANNOUNCED EXPECTATIONS FOR
2022 OF
AN EBITDA IN LEVEL OF 80-120 MDKK AND AN EBIT OF 35-75 MDKK
    * ACQUISITION IS EXPECTED TO AFFECT EBIT BY 2-3 MDKK IN 2022

Source text for Eikon:  ID:nGNE38vhts 
Further company coverage:  FFARMS.CO 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))