Brief: Firstfarms Q2 EBIT Rises To DKK 11.0 Mln

FirstFarms A/S

27/08/2019 12:12

Aug 27 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-INTERIM FINANCIAL REPORT FOR 1 JANUARY - 30 JUNE 2019
FOR
FIRSTFARMS A/S
    * Q2 TURNOVER DKK 52.9 MILLION VERSUS DKK 49.9 MILLION YEAR
AGO
    * Q2 EBIT DKK 11.0  MILLION VERSUS DKK 3.1 MILLION YEAR AGO
    * EXPECTATIONS FOR 2019: FIRSTFARMS ADJUST UPWARDS ANNOUNCED
EXPECTATIONS TO AN EBITDA OF DKK 80-85 MILLION AND AN EBIT OF
DKK 33-38 MILLION, COMPARED TO PREVIOUSLY DKK 75-80 MILLION AND
DKK 30-35 MILLION
    * WE EXPECT A GOOD RESULT FOR 2019 AND THUS ADJUST UPWARDS
OUR
EXPECTATIONS
    * OUR THREE OPERATION BRANCHES MILK, PIGS AND CROPS HAVE ALL
MADE
PROGRESS IN FIRST HALF YEAR

Source text for Eikon:  ID:nGNEbq9D2F 
Further company coverage:  FFARMS.CO 

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