Brief: Solar Preliminary Q3 EBITDA Up At DKK 237 Mln

Solar A/S

15/10/2021 07:10

Oct 15 (Reuters) - Solar A/S  SOLARb.CO :
    * REG-NO 18 2021 SOLAR INCREASES  2021 EBITDA TO DKK 900M
    * BASED ON PRELIMINARY REPORTING, SOLAR INCREASES ITS
GUIDANCE FOR
2021 EBITDA TO DKK 900M FROM DKK 825M.
    * INCREASING REVENUE GUIDANCE BY DKK 200M TO DKK 12.3BN
COMPARED
TO PREVIOUS GUIDANCE OF DKK 12.1BN
    * Q3 HAS BEEN A CONTINUATION OF STRONG GROWTH RATES WE SAW
IN Q2
    * WE EXPECT STRONG DEMAND EXPERIENCED IN Q3 TO CONTINUE IN
Q4
    * PRICE EFFECTS WE ESTIMATE WILL HAVE A TOTAL ONE-OFF IMPACT
OF
DKK 100M ON EBITDA FOR FULL YEAR 2021."
    * PRELIMINARY Q3  REVENUE DKK 2,872 MILLION VERSUS DKK 2,618
MILLION YEAR AGO
    * PRELIMINARY Q3  EBITDA DKK 237 MILLION VERSUS DKK 177
MILLION
YEAR AGO

Source text for Eikon:  ID:nGNE7ZZCvT 
Further company coverage:  SOLARb.CO 

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