Brief: Schouw & Co Q3 EBIT increases to DKK 351 mln

Schouw & Co.

10/11/2016 10:46

Nov 10 (Reuters) - Schouw & Co A/S  SCHO.CO : 
    * Q3 revenue 4.33 billion Danish crowns ($634.45 million) versus 3.60 billion crowns year 
ago 
    * Q3 EBIT 351 million crowns versus 269 million crowns year ago 
    * Now expects FY 2016 revenue of about 14.0 billion crowns 
    * Raises its 2016 EBIT guidance by about 100 million to range of 965-1,030 million crowns 
    * CEO: "It is a positive surprise that we've been able to raise our EBIT guidance by more 
than 10%, thereby raising our profit before tax guidance to more than 1.5 billion crowns" 
 
Source text for Eikon:  ID:nCSE6Djs  
Further company coverage:  SCHO.CO  
 
($1 = 6.8248 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))