Brief: SP Group Downgrades FY Expectations
Aug 23 (Reuters) - SP Group A/S SPGP.CO :
* FIRST HALF YEAR OF 2023 - SP GROUP A/S
* FY 2023 GUIDANCE REVISED
* EXPECTS FY 2023 REVENUE TO GROW BY 0-10% (PREVIOUSLY
5-15%)
* EXPECTS FY 2023 EBT MARGIN OF 7-10% (PREVIOUSLY 9-12%).
* REVENUE DECLINED AS VALUE CHAINS NORMALISED AND DUE TO
HIGHER
INTEREST RATES AND REDUCED MACROECONOMIC ACTIVITY
Source text for Eikon: ID:nGNEc2zylD
Further company coverage: SPGP.CO
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))