Brief: MT Højgaard Holding Reports 27.7% Increase In H1 Revenue

MT Hoejgaard Holding A/S

24/08/2022 16:42

Aug 24 (Reuters) - MT Hoejgaard Holding A/S  MTHH.CO :
    * REG-MT HØJGAARD HOLDING A/S: IMPROVED EARNINGS AND HIGHER
ORDER
INTAKE IN FIRST HALF OF THE YEAR - FULL-YEAR OUTLOOK ADJUSTED
    * H1 2022 REVENUE INCREASED BY 27.7% TO DKK 4,102 MILLION;
ORGANIC
GROWTH ACCOUNTED FOR ABOUT 18%
    * H1 OPERATING PROFIT BEFORE SPECIAL ITEMS INCREASED TO DKK
92
MILLION, COMPARED TO DKK 33 MILLION IN FIRST HALF OF 2021
    * H1 OPERATING MARGIN IMPROVED BY 1.2 PERCENTAGE POINTS TO
2.2%
    * FY REVENUE IS NOW EXPECTED TO BE AROUND DKK 8.5 BILLION
(PREVIOUSLY: DKK 8.0-8.2 BILLION)
    * FY OPERATING PROFIT BEFORE SPECIAL ITEMS IS NOW EXPECTED
TO BE
DKK 215-240 MILLION
    * BASED ON KNOWN PHASING OF PROJECTS AND ORDERS, EARNINGS
ARE
EXPECTED TO CONTINUE TO RISE IN SECOND HALF OF 2022

Source text for Eikon:  ID:nGNE5VvfpT 
Further company coverage:  MTHH.CO 

 ((Reuters.Briefs@thomsonreuters.com;))