Brief: Gabriel Expects FY EBIT Of DKK 8-15 Mln After Outlook Update

Gabriel Holding A/S

15/04/2024 07:57

April 15 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * UPWARDLY ADJUSTS ITS EXPECTATIONS FOR THE FINANCIAL YEAR
2023/24
    * RAISING ITS EXPECTATIONS FOR FULL FINANCIAL YEAR 2023/24
TO
REVENUE OF DKK 880-930 MILLION
    * PRELIMINARY RESULTS FOR FIRST 6 MONTHS OF YEAR SHOW EBIT
RESULT
OF DKK 10.5 MILLION VERSUS DKK 21.2 MILLION IN SAME PERIOD LAST
YEAR
    * SEES FY EBIT OF DKK 8-15 MILLION
    * FINANCIAL ITEMS WILL CONTINUE TO BE NEGATIVE IN 2023/24
    * CALCULATED H1 EBITDA RESULT AMOUNTS TO DKK 35 MILLION
COMPARED
TO DKK 44.5 MILLION IN SAME PERIOD LAST YEAR
    * PREVIOYUS GUIDANCE: REVENUE DKK 850-900 MILLION EBIT DKK
0-10
MILLION
    * H1 REVENUE OF DKK 469 MILLION AGAINST DKK 492 MILLION IN
SAME
PERIOD OF 2022/23 HAS BEEN REALISED

Source text for Eikon:  ID:nGNE1GbgJL 
Further company coverage:  GABR.CO 

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