Brief: Solar Q1 EBITDA Up At DKK 204 Million

Solar A/S

22/04/2021 08:04

April 22 (Reuters) - Solar A/S  SOLARb.CO :
    * REG-NO. 11 SOLAR INCREASES 2021 EBITDA WITH DKK 75M
    * BASED ON PRELIMINARY REPORTING, SOLAR INCREASES GUIDANCE
FOR
2021 EBITDA TO DKK 725M FROM DKK 650M.
    * DURING 2021, WE EXPECT TO SEE EXTRAORDINARY PRICE
INCREASES ON
CERTAIN PRODUCTS DUE TO INCREASING COMMODITY PRICES
    * WE ARE INCREASING REVENUE GUIDANCE BY DKK 200M TO DKK
11,750M
COMPARED TO OUR PREVIOUS GUIDANCE OF DKK 11,550M
    * Q1 REVENUE DKK 3,004 MILLION VERSUS DKK 3,045 MILLION YEAR
AGO
    * WE EXPECT STRATEGIC FOCUSES TO DELIVER CONTINUOUS
IMPROVEMENTS
IN EARNINGS, DELIVERING AN EBITDA OF DKK 725M IN 2021
    * Q1 EBITDA DKK 204 MILLION VERSUS DKK 142 MILLION

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

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