Brief: H+H International Q3 Net Profit At DKK 88 Mln

H+H International A/S

10/11/2021 07:28

Nov 10 (Reuters) - H+H International A/S  HHDC.CO :
    * REG-INTERIM FINANCIAL REPORT Q1-03 2021: BEST-EVER
NINE-MONTH
RESULTS WITH STRONG ORGANIC GROWTH AND SOLID EARNINGS MARGINS
    * Q3 NET PROFIT 88 MILLION DKK
    * Q3 REVENUE DKK 811 MILLION VERSUS DKK 712 MILLION YEAR AGO
    * Q3 EBITDA EX ITEMS DKK 171 MILLION VERSUS DKK 162  MILLION
YEAR
AGO
    * NARROWS PREVIOUSLY COMMUNICATED GUIDANCE INTERVALS
    * 2021 REVENUE GROWTH BEFORE ACQUISITIONS AND DIVESTMENTS
MEASURED
IN LOCAL CURRENCIES  IS TO BE AROUND 11% (PREVIOUSLY 8% TO 11%).
    * 2021 EBIT BEFORE SPECIAL ITEMS IS TO BE IN RANGE OF DKK
375
MILLION TO DKK 400 MILLION (PREVIOUSLY DKK 360 MILLION TO DKK
400 MILLION)
    * CONTINUED INFLATION ON INPUT PRICES AND HIGHER TRANSPORT
COSTS
ARE PUTTING PRESSURE ON EARNINGS MARGINS
    * WE WILL AIM TO OFFSET NEGATIVE IMPACT THROUGH SALES-PRICE
INCREASES

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

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