Brief: Firstfarms Sells 1,675 Hectares Of Land And Adjusts The Expectations Upwards By DKK 20 Million

FirstFarms A/S

09/06/2020 20:49

June 9 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-FIRSTFARMS A/S SELLS 1,675 HECTARES OF LAND AND
ADJUSTS THE
EXPECTATIONS UPWARDS BY DKK 20 MILLION
    * FIRSTFARMS A/S - EXPECTED SALES PRICE CONSTITUTES DKK 85
MILLION
    * FIRSTFARMS A/S - PROFIT OF SALE IS EXPECTED TO AFFECT EBIT
WITH
DKK 40 MILLION OVER COMING 11 MONTHS
    * FIRSTFARMS A/S - NOW EXPECT 2020 EBITDA RESULT IN LEVEL OF
DKK
95-120 MILLION AND AN EBIT RESULT OF DKK 45-70 MILLION

Source text for Eikon:  ID:nGNE3tgjry 
Further company coverage:  FFARMS.CO 

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