Brief: Nilfisk Q1 EBITDA Before Special Items Up At EUR 36.4 Mln

Nilfisk Holding A/S

28/05/2021 06:35

May 28 (Reuters) - Nilfisk Holding A/S  NLFSK.CO :
    * NILFISK REPORTS FIRST-QUARTER 2021 RESULTS
    * Q1 REVENUE FOR TOTAL BUSINESS AMOUNTED TO 237.3 MEUR,
CORRESPONDING TO ORGANIC GROWTH OF 11.9% COMPARED TO -10.3% IN
Q1 2020
    * EBITDA BEFORE SPECIAL ITEMS INCREASED BY 12.4 MEUR
COMPARED TO
Q1 2020 AND CAME TO 36.4 MEUR
    * OUTLOOK 2021: ORGANIC GROWTH FOR TOTAL BUSINESS EXPECTED
IN
RANGE OF 8% TO 12%
    * OUTLOOK 2021: EBITDA MARGIN BEFORE SPECIAL ITEMS IN RANGE
OF 13%
TO 15%
    * WE ARE PLEASED TO SEE A CONTINUED INCREASE IN MARKET
ACTIVITY
THROUGHOUT QUARTER AND TO SEE THAT DEMAND IS RECOVERING FROM
PANDEMIC FASTER THAN EXPECTED
    * WE ARE ESPECIALLY PLEASED TO SEE THAT OUR KEY MARKETS IN
US AND
SOUTH OF EUROPE HAVE HAD A STRONG PERFORMANCE IN Q1 OF 2021
    * HIGH SEASON FOR CONSUMER BUSINESS EXCEEDED ALL
EXPECTATIONS

Source text for Eikon:  ID:nGNE3Xc6m8 
Further company coverage:  NLFSK.CO 

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