Upward adjustment of expectations for the annual results (EBIT) for the financial year 2017/18
In connection with the current preparation of the interim financial report for Q3 2017/18, Per Aarsleff Holding A/S has decided to make an upward adjustment of the full-year expectations for the 2017/18 EBIT results to DKK 470 million from the previous outlook of DKK 450 million.
For the Construction segment, the EBIT margin expectations are adjusted upwards from approx. 3.5% to approx. 4.0%. For the Ground Engineering segment, the EBIT margin expectations are adjusted downwards from approx. 5.0% to approx. 4.0%. For the Pipe Technologies segment, the EBIT margin expectations are maintained at approx. 4.5%.
The upward adjustment is based on the total, realised results of the first nine months of 2017/18 as well as on the expectations for the fourth quarter.
Further information about the development of Per Aarsleff Holding A/S in the first nine months of the financial year 2017/18 will appear from the interim financial report for Q3 2017/18 which is in preparation and will be published on Tuesday 28 August 2018 as previously announced in the financial calendar of the company.