Brief: H+H International Narrows Financial Outlook For 2023

H+H International A/S

17/11/2023 07:04

Nov 17 (Reuters) - H+H International A/S  HHDC.CO :
    * IN LIGHT OF EXPECTED LOW BUILDING ACTIVITY IN MID-TERM WE
HAVE
DECIDED TO PAUSE PRODUCTION IN FOUR FACTORIES ACROSS OUR
FOOTPRINT.
    * Q3 SALES VOLUME DECREASED BY 27% TO 740 THOUSAND CUBIC
METRES
(1,018 THOUSAND CUBIC METRES)
    * REVENUE GROWTH MEASURED IN LOCAL CURRENCIES IS EXPECTED TO
BE
NEGATIVE AROUND -25% (PREVIOUSLY -20% TO -25%)
    * HEBIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN RANGE OF
DKK 30
MILLION TO DKK 80 MILLION(PREVIOUSLY DKK 30 TO 100 MILLION)

Source text for Eikon:  ID:nWkr2mPdB0 
Further company coverage:  HHDC.CO 

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