Brief: H+H Says FY 2020 EBIT Before Special Items Expected To Be DKK 290-320 Mln

H+H International A/S

29/10/2020 17:35

Oct 29 (Reuters) - H+H International A/S  HHDC.CO :
    * REG-UPDATED FINANCIAL OUTLOOK FOR 2020 AND TRADING UPDATE
    * FY 2020 EBIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE DKK
290-320
MILLION (PREVIOUSLY DKK 250-300 MILLION)
    * H+H INTERNATIONAL - FY 2020 REVENUE GROWTH BEFORE
ACQUISITIONS,
DIVESTMENTS AND MEASURED IN LOCAL CURRENCIES IS EXPECTED TO BE
IN RANGE -12% TO -8%
    * ANY RESURGENCE OF COVID-19 WILL NOT HAVE SEVERE IMPACT IN
OUR
MARKETS
    * PRELIM Q3 REVENUE DKK 712 MILLION VERSUS DKK 779 MILLION
    * NO SEVERE IMPACT FROM DISRUPTION IN SUPPLY CHAINS AND
CONSTRUCTIONS SITES DUE TO PANDEMIC
    * Q3 EBIT BEFORE SPECIAL ITEMS DKK 116 MILLION VERSUS DKK
137
MILLION
    * H+H INTERNATIONAL -  UK RECOVERY IS NOW EXPECTED TO
INCREASE
FASTER THAN ORIGINALLY ANTICIPATED FOR REMAINING PART OF 2020,
SUPPORTED BY GOVERNMENT STIMULI

Source text for Eikon:  ID:nGNE6WFk52 
Further company coverage:  HHDC.CO 

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