Brief: Per Aarsleff Sees 2023/24 Rev Of DKK 19.5-20.5 Bln

Per Aarsleff Holding A/S

19/12/2023 06:55

Dec 19 (Reuters) - Per Aarsleff Holding A/S  PAALb.CO :
    * PROPOSED DIVIDEND FOR THE FINANCIAL YEAR IS DKK 10 PER SHARE OF A NOMINAL VALUE OF DKK 2
    * OUTLOOK 2023/24: REVENUE GROWTH OF -4 TO 1%, CORRESPONDING TO REVENUE OF DKK 19.5 TO 20.5
BILLION
    * OUTLOOK 2023/24: INVESTMENTS IN PROPERTY, PLANT AND EQUIPMENT EXCLUSIVE OF LEASED ASSETS
ARE
EXPECTED TO BE IN THE RANGE OF DKK 700 TO 750 MILLION.
    * OUTLOOK 2023/24: CONSTRUCTION EXPECTS A CONTINUED GOOD LEVEL OF ACTIVITY ESPECIALLY WITHIN
HARBOUR PROJECTS AND PROJECTS DRIVEN BY THE GREEN TRANSITION
    * OUTLOOK 2023/24: THE USUAL SHARE OF THE ORDER BACKLOG FOR EXECUTION IN THE FINANCIAL YEAR.
    * OUTLOOK 2023/24: WORKING CAPITAL IS EXPECTED TO DECREASE SIGNIFICANTLY
    * OUTLOOK 2023/24: IN CONSTRUCTION BUILDING ACTIVITIES, HOWEVER, ARE DECREASING AS SEVERAL
LARGE
ONE COMPANY PROJECTS HAVE BEEN HANDED OVER
    * OUTLOOK 2023/24: IN CONSTRUCTION EBIT IS EXPECTED TO AMOUNT TO DKK 370 TO 430 MILLION
COMPARED
TO DKK 555 MILLION IN 2022/23
    * OUTLOOK 2023/24: TECHNICAL SOLUTIONS EXPECTS A HIGH LEVEL OF ACTIVITY IN CONNECTION WITH
THE
BUILDING OF THE NEW NORTH ZEALAND HOSPITAL AND MARY ELIZABETH'S HOSPITAL
    * OUTLOOK 2023/24: TECHNICAL SOLUTIONS EBIT IS EXPECTED TO AMOUNT TO DKK 95 TO 105 MILLION
AGAINST
DKK 86 MILLION
    * OUTLOOK 2023/24: IN RAIL EBIT IS EXPECTED TO AMOUNT TO DKK 70 TO 80 MILLION
    * OUTLOOK 2023/24: GROUND ENGINEERING EXPECTS REVENUE GROWTH DUE TO A STRONG CONSTRUCTION
MARKET,
INCREASINGLY DRIVEN BY INFRASTRUCTURE AND ENERGY PROJECTS RESULTING FROM THE GREEN TRANSITION
    * OUTLOOK 2023/24: IN GROUND ENGINEERING THERE IS A SLOWDOWN IN RESIDENTIAL BUILDING
ACTIVITIES IN
ALL MARKETS
    * OUTLOOK 2023/24: IN GROUND ENGINEERING EBIT IS EXPECTED TO AMOUNT TO DKK 205 TO 215
MILLION
AGAINST DKK 204 MILLION
    * OUTLOOK 2023/24: IN PIPE TECHNOLOGIES EBIT IS EXPECTED TO AMOUNT TO DKK 160 TO 170 MILLION
    * OUTLOOK 2023/24: IN PIPE TECHNOLOGIES  THERE IS UNCERTAINTY AS TO ALLOCATION OF FUNDS FOR
ESPECIALLY PIPE RENEWAL IN THE PUBLIC SECTOR

Source text: https://tinyurl.com/395rndtf
Further company coverage:  PAALb.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))