Brief: Gabriel Holding FY EBIT DKK 61.9 Million

Gabriel Holding A/S

14/11/2019 09:16

Nov 14 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * FY REVENUE INCREASED TO DKK 708.2 MILLION (DKK 601.1 MILLION)
    * FY EBIT DKK 61.9 MILLION VERSUS DKK 55.0 MILLION YEAR AGO
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF DKK 10.50 PER DKK 20 SHARE
    * MANAGEMENT THEREFORE EXPECTS GROWTH IN REVENUE OF ORDER OF 15-20% AND AN INCREASE IN
PROFIT
BEFORE TAX OF ORDER OF 10-15% FOR 2019/20 FINANCIAL YEAR
    * EXPECTATIONS ARE BASED ON A STABLE TO SLIGHTLY DECREASING MARKET AND THAT GROUP'S EXPECTED
REVENUE GROWTH COULD BE AFFECTED BY ECONOMIC FLUCTUATIONS ON GROUP'S PRIMARY MARKETS
    * GLOBAL MARKET FOR CONTRACT FURNITURE IS EXPECTED TO BE STABLE TO SLIGHTLY DECREASING IN
2019/20

Source text for Eikon:  ID:nGNE8NzZ2H 
Further company coverage:  GABR.CO 

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