Brief: Firstfarms Purchases Company, Adjusts Expectations Upwards By DKK 15 Million

FirstFarms A/S

11/06/2020 17:22

June 11 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-FIRSTFARMS A/S PURCHASES COMPANY AND ADJUSTS THE EXPECTATIONS UPWARDS BY DKK 15
MILLION
    * FIRSTFARMS A/S - FIRSTFARMS ADJUSTS ANNOUNCED EXPECTATIONS FOR 2020 UPWARDS BY DKK 15
MILLION
    * FIRSTFARMS A/S - IT IS POSITIVE, THAT FIRSTFARMS UNTIL NOW ONLY HAS EXPERIENCED A SMALL
DIRECT
IMPACT ON PRODUCTION DUE TO COVID-19
    * FIRSTFARMS A/S - NOW EXPECTED AN EBITDA RESULT IN LEVEL OF DKK 110-135 MILLION AND AN EBIT
RESULT OF DKK 60-85 MILLION IN 2020
    * PURCHASE PRICE FOR AISM CONSTITUTES DKK 75 MLN BASED ON MARKET PRICE FOR FIRSTFARMS'
SHARES

Source text for Eikon:  ID:nGNE3lGLlB 
Further company coverage:  FFARMS.CO 

 ((Reuters.Briefs@thomsonreuters.com;))