Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the interim financial report for the first nine months of the financial year 2022/23. The interim report has not been audited or reviewed by the company’s auditors.
Highlights
- Continued high activity with very satisfactory earnings.
- Revenue increased by 18.2% to DKK 15,282 million.
- EBIT amounted to DKK 732 million, corresponding to an EBIT margin of 4.8%.
- Order intake of DKK 14.3 billion and order backlog of DKK 21.8 billion.
- Cash flow from operating activities of DKK 614 million.
Outlook for 2022/23
The outlook for the full financial year was upgraded on 15 August:
- Revenue growth of 10-12%, corresponding to revenue of DKK 20-20.4 billion against previously DKK 19.5-20 billion.
- EBIT in the range of DKK 1,060-1,110 million against previously DKK 880-940 million.
Jesper Kristian Jacobsen, CEO:
”The Aarsleff Group’s third quarter was particularly strong. Our revenue was high, and earnings were very satisfactory and positively affected by more construction projects being completed above expectations. This means that we have continued our positive development from the first half of the financial year. Our expertise is in demand especially within harbour expansions as well as within energy and district heating projects, but there are also good opportunities within technical solutions and buildings for the pharma industry.”