Brief: MT Højgaard Holding Q1 EBIT Up At DKK 94 Mln

MT Hoejgaard Holding A/S

16/05/2024 07:13

May 16 (Reuters) - MT Hoejgaard Holding A/S  MTHH.CO :
    * CONTINUED PROFITABLE GROWTH IN A SLOWING MARKET
    * DANISH ACTIVITIES CONTINUED TO GENERATE PROFITABLE GROWTH
IN A
SLOWING MARKET IN Q1
    * WINDING UP OF INTERNATIONAL ACTIVITIES PROGRESSED
ACCORDING TO
PLAN BUT WEIGHED ON GROUP'S OVERALL FINANCIAL PERFORMANCE DUE TO
LOSSES IN GREENLAND
    * Q1 CONSOLIDATED REVENUE INCREASED BY 6% TO DKK 2.3
BILLION,
DRIVEN BY DEVELOPMENTS IN MT HØJGAARD DANMARK
    * Q1 OPERATING PROFIT (EBIT) INCREASED BY 69% TO DKK 94
MILLION,
CORRESPONDING TO AN EBIT MARGIN INCREASE FROM 2.6% TO 4.1%

Source text for Eikon:  ID:nGNE8RYc9d 
Further company coverage:  MTHH.CO 

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