Brief: FirstFarms FY EBITDA Up At DKK 57.5 Mln

FirstFarms A/S

26/03/2019 14:18

March 26 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-ANNUAL REPORT 2018 FOR FIRSTFARMS A/S
    * FIRSTFARMS EXPECTS A STRONG 2019 WITH A GROWTH IN EBITDA
RESULT
TO LEVEL DKK 55-60 MILLION AND I EBIT RESULT TO LEVEL DKK 25-30
MILLION
    * FY NET TURNOVER DKK 248.9 MILLION VERSUS DKK 190.7 MILLION
YEAR
AGO
    * FY EBITDA DKK 57.5 MILLION VERSUS DKK 43.7 MILLION YEAR
AGO
    * "WE EXPECT, THAT 2019 WILL BE A LUCRATIVE STABLE YEAR FOR
MILK-
AND CROP PRODUCTION IN EU"
    * "WE MUST EXPECT THAT PIG PRODUCTION IN FIRST HALF OF 2019
WILL
BE CHALLENGED WITH LOW SALES PRICES AND HIGH FEED PRICES"
    * "WE ALSO EXPECT THAT PRICES WILL IMPROVE IN SECOND HALF
YEAR OF
2019."
    * IN 2018, REALISED RESULT AFTER TAX OF DKK 8,131 MILLION
AND
BOARD RECOMMEND DKK 3,264 MILLION (DKK 0.53 PER SHARE) IS
DISTRIBUTED AS DIVIDEND

Source text for Eikon:  ID:nGNE60tdrV 
Further company coverage:  FFARMS.CO 

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