Brief: H+H International FY EBITDA ex-items up at DKK 210.6 million

H+H International A/S

17/03/2017 07:00

March 17 (Reuters) - H+H International A/S  HHDC.CO : 
    * FY revenue increased by 6.4 pct in local currencies (organic growth) 
    * FY revenue 1.61 billion Danish crowns ($233.43 million) versus 1.62 billion crowns year 
ago 
    * FY  EBITDA ex-items 210.6 million crowns versus 182.3 million crowns year ago 
    * 2017 organic revenue growth is expected to be 5-7 pct 
    * 2017 EBITDA ex-items is expected to be 220 million - 240 million crowns 
    * 2017 special items are expected in region of 25 million crowns 
    * 2017 investments excluding mergers, acquisitions and divestments are expected to be in 
region of 120 million crowns 
    * Long-term financial targets have been revalued and EBIT margin before special items is 
upgraded to 8-10 pct, ROIC is maintained at minimum 12 pct 
    * Says has on March 16 agreed new three-year committed credit facility with Danske Bank A/S  
 
Source text for Eikon:  ID:nCSE6Plc  
Further company coverage:  HHDC.CO  
 
($1 = 6.8972 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))