Brief: H+H Lowers Its Financial Guidance For FY 2023

H+H International A/S

15/06/2023 19:25

June 15 (Reuters) - H+H International A/S  HHDC.CO :
    * H+H LOWERS ITS FINANCIAL GUIDANCE FOR FULL YEAR 2023
    * H+H INTERNATIONAL - ANTICIPATE SALES VOLUME DECREASE OF
APPROXIMATELY -25% TO -30% ACROSS  MARKETS, MOST OF DECLINE
COMING FROM POLAND, IN  FY 2023
    * H+H INTERNATIONAL - FY23 EBIT BEFORE SPECIAL ITEMS IS NOW
PROJECTED WITHIN RANGE OF DKK 100-175 MILLION, DOWN FROM
PREVIOUS ESTIMATE OF DKK 330-400 MILLION
    * H+H INTERNATIONAL A/S - SEES FY 23 UPDATED ORGANIC GROWTH
TO BE
NEGATIVE, RANGING FROM -15% TO -20%, DOWN FROM PREVIOUS ESTIMATE
OF AROUND 0%

Source text for Eikon:  ID:nWkrsq2P2 
Further company coverage:  HHDC.CO 

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