Brief: Gabriel Holding Upwardly Adjusts Its Expectations For 2021/22

Gabriel Holding A/S

11/04/2022 10:05

April 11 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * REG-GABRIEL HOLDING A/S UPWARDLY ADJUSTS ITS EXPECTATIONS
FOR
THE 2021/22 FINANCIAL YEAR
    * AFTER SIX MONTHS OF FISCAL YEAR 2021/22 A REVENUE GROWTH
OF 34%
TO DKK 522 MILLION (DKK 289 MILLION) HAS BEEN REALIZED AND
OPERATING PROFIT (EBIT) FOR HALF YEAR IS CALCULATED TO BE
APPROXIMATELY DKK 44 MILLION (DKK 29,7 MILLION)
    * AFTER Q1 OF FISCAL YEAR MANAGEMENT STATED THAT IT EXPECTED
REVENUE OF ORDER OF DKK 930-960 MILLION AND AN OPERATING PROFIT
(EBIT) IN RANGE OF DKK 67-73 MILLION
    * OPERATING PROFIT (EBIT) FOR HALF YEAR CALCULATED TO BE
APPROXIMATELY DKK 44 MILLION (DKK 29,7 MILLION), EQUIVALENT TO
INCREASE OF 48%
    * AFTER FIRST HALF YEAR, REVENUE IS EXPECTED TO BE IN RANGE
OF DKK
990-1020 MILLION (DKK 809,7 MILLION IN 2020/21) AND AN OPERATING
PROFIT (EBIT) OF DKK 73-78 MILLION (DKK 58,6 MILLION IN 2020/21)

Source text for Eikon:  ID:nGNE6ghK1H 
Further company coverage:  GABR.CO 

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