Brief: Netcompany Keeps Expectations To 2024 Financial Performance

Netcompany A/S

14/08/2024 06:36

Aug 14 (Reuters) - Netcompany Group A/S  NETCG.CO :
    * PERFORMANCE IN PAST QUARTER MAKES ME CONFIDENT THAT WE ARE
ON
RIGHT TRAJECTORY TO DELIVER ON OUR MIDTERM TARGETS FOR 2026
    * WE MAINTAIN OUR EXPECTATIONS TO OUR FINANCIAL PERFORMANCE
FOR
2024 AND INITIATE A NEW SHARE BUYBACK PROGRAMME OF DKK 150M
RUNNING UNTIL END OF OCTOBER 2024
    * INCREASE EXPECTED SHARE BUYBACK PROGRAMME FOR FULL YEAR TO
MORE
THAN DKK 700M
    * IMPROVED MARGINS ARE A RESULT OF IMPROVED EFFICIENCIES AND
BETTER UTILISATION, PARTICULAR IN DANISH PART OF GROUP
    * Q2 GROSS PROFIT MARGIN 29.1% (REPORTED)

Source text for Eikon:  ID:nGNE7WSfXT 
Further company coverage:  NETCG.CO 

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