Brief: Solar Q3 EBITA DKK 105 Million

Solar A/S

31/10/2019 07:06

Oct 31 (Reuters) - Solar A/S  SOLARb.CO :
    * REG-NO. 18 2019 QUARTERLY REPORT Q3 2019
    * Q3 REVENUE DKK 2.78 BILLION VERSUS DKK 2.54 BILLION YEAR AGO
    * Q3 EBITA DKK 105 MILLION VERSUS DKK 93 MILLION YEAR AGO
    * OUR 2019 GROUP REVENUE GUIDANCE HAS BEEN CHANGED FROM AT LEAST DKK 11.6BN TO APPROX. DKK
11.75BN
WITH AN ORGANIC GROWTH OF APPROX. 5% AND WE RECONFIRM OUR GROUP EBITA GUIDANCE OF APPROX. DKK
365M
    * INCREASE OUR EBITA GUIDANCE FOR CORE BUSINESS BY DKK 10M TO DKK 380M
    * FOR CORE BUSINESS, WE INCREASE REVENUE GUIDANCE FROM AT LEAST DKK 10.950BN TO APPROX. DKK
11.2BN
    * FOR CORE BUSINESS, WE INCREASE EBITA GUIDANCE FROM APPROX. DKK 370M TO APPROX. DKK 380M.
    * FOR RELATED BUSINESS, WE HAVE REVISED OUR 2019 REVENUE GUIDANCE FROM DKK 650M TO APPROX.
DKK
550M AND ORGANIC GROWTH AROUND 0% AND WE HAVE REVISED OUR EBITA GUIDANCE FROM DKK -5M TO APPROX.
DKK -15M DUE TO DECREASING GROWTH
    * FOR RELATED BUSINESS, WE HAVE REVISED OUR REVENUE GUIDANCE FROM DKK 650M TO APPROX. DKK
550M AND
ORGANIC GROWTH AROUND 0%

Source text for Eikon:  ID:nGNE6Npbq4 
Further company coverage:  SOLARb.CO 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))