Brief: Flugger Raises FY Expectations

Flugger A/S

12/11/2020 08:27

Nov 12 (Reuters) - Flugger group A/S  FLUGb.CO :
    * FLÜGGER RAISES EXPECTATIONS FOR BOTH TOP AND BOTTOM LINE
FOR THE
THIRD TIME
    * NOW SEES 2020/21 EBIT MARGIN AT ABOUT 10%
    * KEEPS LONG TERM EXPECTATIONS
    * UPGRADESS FY EBIT EXPECTATIONS FROM DKK 160-180 MILLION TO
DKK
200-215 MILLION
    * RAISES 2020/21 NET SALES EXPECTATIONS FROM OVER DKK 2
BILLION TO
RANGE OF DKK 2,050-2,080 MILLION

Source text: https://mfn.se/nir/a/flugger-group/2020-25-flugger-opjusterer-forventninger-til-bade-top-og-bundlinje-for-tredje-gang-8b82ff41
 
Further company coverage:  FLUGb.CO 

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