Brief: Per Aarsleff adjusts outlook for financial year 2016/2017 downwards

Per Aarsleff Holding A/S

09/05/2017 10:45

May 9 (Reuters) - PER AARSLEFF HOLDING  PAALb.CO  
    * ADJUSTS EXPECTATIONS FOR THE FINANCIAL YEAR 2016/2017 
DOWNWARDS 
    * OUTLOOK FOR FULL FINANCIAL YEAR 2016/2017 IS CHANGED TO AN 
EBIT LEVEL OF DKK 375 MILLION COMPARED TO PREVIOUS ANNOUNCEMENT 
OF DKK 430 MILLIO 
    * REVENUE IS EXPECTED TO RESULT IN CONTINUED GROWTH OF 
APPROX. 5% COMPARED WITH LAST FINANCIAL YEAR 
    * SAYS OUTLOOK FOR INCREASED EARNINGS IN H2 COMPARED TO LAST 
FY CANNOT COMPENSATE FOR EFFECT OF WRITE-DOWNS MADE ON SINGLE 
PROJECTS IN H1 OF FINANCIAL YEAR 
 
Source text for Eikon:  ID:nCSE6Vw0  
Further company coverage:  PAALb.CO  
 
 (Gdynia Newsroom) 
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