Brief: MT Hoejgaard Holding FY EBIT Swings To Loss Of DKK 16.8 Mln

MT Hoejgaard Holding A/S

20/02/2020 14:11

Feb 20 (Reuters) - MT Hoejgaard Holding A/S  MTHH.CO :
    * REG-MT HØJGAARD HOLDING A/S: MT HØJGAARD GROUP MEETS
EXPECTATIONS FOR 2019 AND LAUNCHES NEW STRATEGY
    * EBIT IS EXPECTED TO IMPROVE FURTHER IN 2020, AND A NEW
STRATEGY
PLAN IS DESIGNED TO INCREASE EBIT MARGIN TO 4.0% IN 2022.
    * 2020 OUTLOOK: REVENUE IS EXPECTED TO BE AROUND DKK 6.5
BILLION
(DKK 5.9 BILLION EXCLUDING. LINDPRO A/S).
    * 2020 OUTLOOK: MT HØJGAARD GROUP IS EXPECTED TO DELIVER
EBIT
BEFORE SPECIAL ITEMS AND EXCLUDING. LINDPRO A/S OF AROUND DKK
125 MILLION.
    * 2020 OUTLOOK: MT HØJGAARD HOLDING IS EXPECTED TO DELIVER
EBIT
BEFORE SPECIAL ITEMS AND EXCLUDING. LINDPRO A/S OF AROUND DKK 85
MILLION.
    * TARGET IS AN EBIT MARGIN OF 4.0% IN 2022.
    * PROPOSE THE DISTRIBUTION OF DIVIDEND FOR 2019.
    * FY REVENUE DKK 5.17 BILLION VERSUS DKK 57.5 MILLION YEAR
AGO
    * FY EBIT LOSS DKK 16.8 MILLION VERSUS PROFIT DKK 5.7
MILLION YEAR
AGO

Source text for Eikon:  ID:nGNE2NSK0f 
Further company coverage:  MTHH.CO 

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