Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the interim financial report for Q1 2022/23. The report has not been audited or reviewed by the company’s auditors.
Highlights
- A strong first quarter with revenue increase and satisfactory earnings.
- Revenue increased by 27.9% to DKK 5,291 million.
- EBIT amounted to DKK 216 million, corresponding to an EBIT margin of 4.1%.
- Order intake of DKK 4.2 billion and order backlog of DKK 21.8 billion.
- Cash flow from operating activities of DKK 34 million, negatively affected by DKK 301 million from an increasing working capital due to high activity and a change in the project portfolio.
Outlook for 2022/23
The outlook for the full financial year remains unchanged:
- Revenue growth of 2-8%, corresponding to revenue of DKK 18.5 to 19.5 billion.
- EBIT between DKK 820-880 million.
”The Aarsleff Group had a good start to the financial year with high revenue and satisfactory earnings. Our expertise is in demand, and the interest is particularly keen in connection with projects related to the green transition where there are numerous opportunities e.g. within energy and district heating.”
Jesper Kristian Jacobsen
CEO