Brief: Schouw & Co Q4 EBIT Down At DKK 289 Million

Schouw & Co.

08/03/2019 06:14

March 8 (Reuters) - Schouw & Co A/S  SCHO.CO :
    * REG-ANNUAL REPORT 2018
    * REG-ANNUAL REPORT 2018
    * 2018 REVENUE ROSE BY 7% TO DKK 18,253 MILLION
    * Q4 EBIT DKK 289 MILLION VERSUS DKK 314 MILLION YEAR AGO
    * THE BOARD OF DIRECTORS RECOMMENDS TO THE ANNUAL GENERAL
MEETING
THAT THE DIVIDEND FOR 2018 REMAIN AT DKK 13 PER SHARE
    * SEES FULL YEAR 2019 CONSOLIDATED REVENUE OF ABOUT DKK 20.0
BILLION AGAINST DKK 18.3 BILLION IN 2018
    * OVERALL DEPRECIATION CHARGES ARE EXPECTED TO INCREASE FROM
DKK
532 MILLION IN 2018 TO ABOUT DKK 795 MILLION IN 2019
    * CONSOLIDATED EARNINGS GUIDANCE FOR EBITDA IN RANGE OF DKK
1,815-1,975 MILLION IN 2019 COMPARED TO DKK 1,579 MILLION IN
2018
    * GROUP GUIDES FOR CONSOLIDATED EBIT IN 2019 IN THE RANGE OF
DKK
1,020-1,180 MILLION
    * THE GROUP’S NET FINANCIAL ITEMS ARE EXPECTED TO GROW FROM
AN
EXPENSE OF DKK 40 MILLION IN 2018 TO AN EXPENSE OF ABOUT DKK 90
MILLION IN 201
    * THE GROUP’S NET FINANCIAL ITEMS ARE EXPECTED TO GROW FROM
AN
EXPENSE OF DKK 40 MILLION IN 2018 TO AN EXPENSE OF ABOUT DKK 90
MILLION IN 2019 (CORRECTS SPELLING)

Source text for Eikon:  ID:nGNE4gxmPp 
Further company coverage:  SCHO.CO 

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