Brief: Gyldendal Gives 2023 Guidance, Announces Chairman Change

Gyldendal A/S

09/02/2023 10:18

Feb 9 (Reuters) - Gyldendal A/S  GYLDb.CO :
    * MARKET EXPECTATIONS FOR 2023 ARE UNCERTAIN, CHALLENGING FINANCIAL CLIMATE IS EXPECTED
    * PROPOSES NO DIVIDEND
    * 2023 REVENUE IS EXPECTED TO BE ON LEVEL WITH 2022
    * BOARD CHAIRMAN POUL ERIK TØJNER DECIDED TO STEP DOWN
    * REVENUE IS SEEN IMPACTED BY RESTRAINT IN PUBLIC BUDGETS, FALLING PUPIL NUMBERS, GRADUAL
SHIFT
FROM PHYSICAL TO DIGITAL
    * BOARD PROPOSES DEPUTY CHAIRMAN GREGERS WEDELL-WEDELLSBORG AS NEW CHAIRMAN OF THE BOARD
    * 2023 EBIT IS SEEN AT DKK 15-25 MILLION
    * 2023 REVENUE FOR CONTINUED ACTIVITIES SEEN AT DKK 700-725 MILLION

Source text for Eikon:  ID:nGNEPvV65 
Further company coverage:  GYLDb.CO 
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