Brief: MT Højgaard Group Reaffirms Outlook Following Cancellation Of Order

MT Hoejgaard Holding A/S

12/06/2019 08:59

June 12 (Reuters) - MT Hoejgaard Holding A/S  MTHH.CO :
    * REG-MT HØJGAARD HOLDING A/S: THE MT HØJGAARD GROUP
REAFFIRMS
OUTLOOK FOLLOWING CANCELLATION OF ORDER FOR DATA CENTRE
    * MT HØJGAARD A/S HAS RECEIVED A CANCELLATION OF A
SUBSTANTIAL
ORDER FOR CONSTRUCTION OF A DATA CENTRE OUTSIDE AABENRAA, AS
PROJECT IS BEING DISCONTINUED
    * MT HØJGAARD GROUP REAFFIRMS OUTLOOK FOR 2019 OF REVENUE OF
AROUND DKK 7.0 BILLION
    * REAFFIRMS OUTLOOK FOR 2019 EBIT OF AROUND DKK 75 MILLION,
AND
OPERATING CASH FLOW IN LINE WITH 2018,
    * CANCELLATION OF ORDER IS EXPECTED TO REDUCE TOTAL ORDER
BOOK BY
1.9 BILLION WITH EFFECT OVER 3-4 YEARS

Source text for Eikon:  ID:nGNEYm3kc 
Further company coverage:  MTHH.CO 

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