Brief: MT Højgaard Holding Expects 2024 EBIT To Be DKK 440-460 Mln

MT Hoejgaard Holding A/S

12/11/2024 12:12

Nov 12 (Reuters) - MT Hoejgaard Holding A/S  MTHH.CO :
    * MT HØJGAARD HOLDING A/S: MT HØJGAARD HOLDING UPGRADES
OUTLOOK
FOR 2024
    * 2024 REVENUE IS NOW EXPECTED TO BE AROUND DKK 10.5 BILLION
(PREVIOUS OUTLOOK: DKK 10-10.5 BILLION)
    * 2024 OPERATING PROFIT (EBIT) IS NOW EXPECTED TO BE DKK
440-460
MILLION (PREVIOUS OUTLOOK: DKK 400-425 MILLION) CORRESPONDING TO
AN IMPROVEMENT OF 13-18% COMPARED TO 2023
    * UPGRADE IS CAUSED BY STRONG PERFORMANCE IN OCTOBER AND
OUTLOOK
FOR BETTER-THAN-EXPECTED RESULTS IN Q4 COMBINED WITH HIGH
ACTIVITY AND SOLID OPERATING RESULTS IN Q3
    * PROGRESS IS DRIVEN IN PARTICULAR BY BUSINESS UNIT MT
HØJGAARD
DANMARK
    * PRELIM Q3 OPERATING PROFIT (EBIT) OF DKK 126 MILLION
(2023: DKK
122 MILLION)
    * PRELIM Q3 REVENUE OF DKK 2.6 BILLION (2023: DKK 2.4
BILLION)

Source text:  ID:nGNE6l1CZM 
Further company coverage:  MTHH.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))