Brief: SP Q1 Revenue Rises To DKK 598.1 MLn

SP A/S

20/04/2021 07:33

April 20 (Reuters) - SP Group A/S  SPGP.CO :
    * REG-TRADING UPDATE FOR FIRST QUARTER 2021 (PRELIMENARY
FIGURES)
    * Q1 REVENUE WAS UP BY DKK 51.7 MILLION TO DKK 598.1 MILLION
IN Q1
2021, OR BY 9.5 % RELATIVE TO YEAR-EARLIER PERIOD.
    * OPERATING INCOME (EBITDA) FOR Q1 2021 WAS DKK 105.2
MILLION,
AGAINST DKK 87.9 MILLION IN Q1 2020 EQUAL TO A EBITDA MARGIN OF
17.6 %
    * DUE TO VERY POSITIVE DEVELOPMENT IN Q1 WITH HIGH GROWTH
AND GOOD
PRODUCT MIX, OUTLOOK FOR FY 2021 HAS BEEN CHANGED
    * NOW EXPECTING A GROWTH IN REVENUE OF 4-12 % (PREVIOUSLY
3-10 %)
    * SP GROUP A/S SEES 2021 EBITDA MARGIN OF 16-18 %
(PREVIOUSLY
16-17 %)
    * SEES FY EBT MARGIN OF 9-12 % (PREVIOUSLY 9-10 %).

Source text for Eikon:  ID:nGNE24P6FY 
Further company coverage:  SPGP.CO 

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