Brief: NTG Raises FY Guidance

NTG Nordic Transport AS

06/05/2022 16:04

May 6 (Reuters) - NTG Nordic Transport Group AS  NTGNT.CO :
    * COMPLETION OF THE ACQUISITION OF ARIES GLOBAL LOGISTICS, UPDATE ON CURRENT TRADING, AND
UPDATE
ON FULL-YEAR OUTLOOK FOR 2022
    * ACQUISITION IS EXPECTED TO CONTRIBUTE WITH APPROXIMATELY DKK 1,400 MILLION IN REVENUE
    * ACQUISITION IS EXPECTED TO CONTRIBUTE WITH ABOUT  DKK 85 MILLION IN ADJUSTED. EBIT FOR
REMAINING
EIGHT MONTHS OF YEAR
    * OUTLOOK FY 2022: REVENUE OF DKK 9,700 - 10,200 MILLION (PREVIOUSLY DKK 7,800 - 8,300
MILLION)
    * OUTLOOK FY 2022: ADJUSTED. EBIT OF DKK 700 - 750 MILLION (PREVIOUSLY DKK 570 - 630
MILLION)
    * COSTS OF ABOUT DKK 25 MILLION ARE EXPECTED TO BE CHARGED THROUGH TO FINALISATION OF
INTEGRATION
IN H1 2024
    * Q1 2022 EXPECTS TO REALISE A REVENUE OF APPROXIMATELY DKK 2,200 MILLION
    * EXPECTS Q1 ADJUSTED. EBIT OF APPROXIMATELY DKK 160 MILLION

Source text for Eikon:  ID:nGNE4Tv6gB 
Further company coverage:  NTGNT.CO 

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