Brief: FirstFarms Adjusts Upwards 2022 Guidance, Clarifies Expectations

FirstFarms A/S

23/01/2023 07:32

Jan 23 (Reuters) - FirstFarms A/S  FFARMS.CO :
    * ADJUSTS UPWARDS AND CLARIFIES THE EXPECTATIONS TO THE YEAR'S RESULT
    * AS A RESULT OF INCREASINGLY BETTER MARKET CONDITIONS FOR PIGS AND STABLE AND GOOD MARKET
CONDITIONS FOR CROPS AND MILK IN Q4
    * EXPECTATIONS FOR EBITDA AND EBIT ARE RAISED WITH 30 MDKK AND 25 MDKK AT BOTTOM OF
ANNOUNCED
EXPECTATIONS AND 10 MDKK AND 5 MDKK AT TOP
    * EXPECTS 2022 EBITDA OF 140-150 MDKK AGAINST PREVIOUSLY 110-140 MDKK
    * EXPECTS 2022 EBIT OF 90-100 MDKK AGAINST PREVIOUSLY 65-95 MDKK

Source text for Eikon:  ID:nGNE746sRB 
Further company coverage:  FFARMS.CO 
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