Brief: Flugger Cuts Outlook As It Starts Sale Of Russia, Belarus Units

Flugger A/S

08/04/2022 14:31

April 8 (Reuters) - Flugger group A/S  FLUGb.CO :
    * INITIATES SALE OF RUSSIAN AND BELARUSSIAN UNITS
    * CUTS OUTLOOK FOR 2021/22
    * SUSPENDS STRATEGIC TARGETS FOR 2023/24
    * NOW SEES 2021/22 EBIT AT DKK 170-180 MILLION VERSUS
PREVIOUS
GUIDANCE DKK 200-220 MILLION
    * GUIDANCE FOR EBIT OF DKK 170-180 MILLION REGARDS SEGMENT 1
AND
SEGMENT 2
    * OVERALL EBIT GUIDANCE NOW AT DKK  40 – 60 MILLION
INCLUDING
IMPAIRMENT OF DKK 115 MILLION RELATED TO SEGMENT 3 ESKARO

Source text: https://mfn.se/nir/a/flugger-group/2022-5-flugger-initierer-salg-af-russiske-og-belarussiske-selskaber-samtidig-nedjusteres-forventningerne-til-indtjening-for-regnskabsaret-2021-22-og-det-strategiske-mal-for-2023-24-suspenderes-2b7931a6
Further company coverage:  FLUGb.CO 

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