Brief: TCM Adjusted EBIT In Q3 Falls To DKK 21 Million

TCM A/S

15/11/2022 06:36

Nov 15 (Reuters) - TCM Group A/S  TCM.CO :
    * TCM GROUP A/S: INTERIM REPORT Q3 2022
    * Q3 REVENUE DKK 265.0 MILLION (DKK 262.4 MILLION)
    * ADJUSTED EBIT IN Q3 ENDED DKK 21 MILLION (DKK 32 MILLION)
    * GUIDANCE FOR FINANCIAL YEAR 2022 IS REVENUE IN RANGE DKK
1,120-1,160 MILLION, AND ADJUSTED EBIT IN RANGE DKK 100-130
MILLION
    * GIVEN CURRENT MACRO-ECONOMIC UNCERTAINTY, WE HAVE CHOSEN
NOT TO
EXERCISE MANDATE TO DISTRIBUTE AN EXTRAORDINARY DIVIDEND
    * PRODUCTION CAPACITY WILL BE ADJUSTED AS NEEDED
    * FURTHER SALES PRICE INCREASE WITH EFFECT FROM DECEMBER
2022 HAS
BEEN ANNOUNCED.
    * Q3 ADJUSTED EBIT DKK 20.6 MILLION (DKK 31.7 MILLION)

Source text for Eikon:  ID:nGNE8vBRSX 
Further company coverage:  TCM.CO 
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