Brief: H+H International Q3 EBIT Before Special Items Falls To DKK 110 Mln

H+H International A/S

10/11/2022 07:18

Nov 10 (Reuters) - H+H International A/S  HHDC.CO :
    * Q3 2022 INTERIM FINANCIAL REPORT: HIGH-INFLATION
ENVIRONMENT
CONTINUED TO DRIVE PRICE INCREASES, WHILE MARKET DEMAND STARTED
TO SOFTEN
    * Q3 REVENUE INCREASED BY 13% TO DKK 920 MILLION (DKK 811
MILLION).
    * Q3 EBIT BEFORE SPECIAL ITEMS WAS DKK 110 MILLION (DKK 125
MILLION)
    * FINANCIAL OUTLOOK FOR FULL YEAR 2022 IS NARROWED:REVENUE
GROWTH
BEFORE ACQUISITIONS AND DIVESTMENTS MEASURED IN LOCAL CURRENCIES
IS EXPECTED TO BE AROUND 15% (PREVIOUSLY 15% TO 20%).
    * FINANCIAL OUTLOOK FOR FULL YEAR 2022 IS NARROWED: EBIT
BEFORE
SPECIAL ITEMS IS EXPECTED TO BE IN RANGE OF DKK 440 MILLION TO
DKK 470 MILLION (PREVIOUSLY 440 MILLION TO DKK 520 MILLION)
    * Q3 NET PROFIT OF DKK 82 MILLION (DKK 88 MILLION)

Source text for Eikon:  ID:nGNE8t0s88 
Further company coverage:  HHDC.CO 
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