Brief: Rias Expects FY EBIT In Range Of DKK 19-20 Mln

Rias A/S

24/08/2022 08:22

Aug 24 (Reuters) - Rias A/S  RIASb.CO :
    * BASED ON POSITIVE RESULT FOR THIRD QUARTER, THE BOARD OF
RIAS
NOW EXPECTS AN EBIT LEVEL FOR THE ACCOUNTING YEAR 2021/22 IN THE
RANGE OF DKK 19-20 MILLION AGAINST AN EARLIER EBIT EXPECTATION
OF DKK 15-17 MILLION
    * AFTER CLOSING OF Q3 2021/22, THE BOARD NOTED THAT
DEVELOPMENT IN
REVENUE IN FIRST NINE MONTHS OF THE FINANCIAL YEAR 2021/22, HAS
BEEN HIGHER THAN LAST YEAR
    * HOWEVER, THE HIGHER TURNOVER SOMEWHAT HIDES THE UNDERLYING
TREND
WHERE VOLUMES SOLD ARE FALLING AND EARNINGS ARE UNDER PRESSURE

Source text for Eikon:  ID:nGNEd85Jy 
Further company coverage:  RIASb.CO 

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