News / interim-report-for-the-period-1-10-2017-31-3-2018

28.05.2018 - Company announcement

Interim report for the period 1/10 2017-31/3 2018

Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the interim financial report for the first six months of the financial year 2017/18. The interim financial report has not been audited or reviewed by the company’s auditor.

Results of the first six months

  • Consolidated revenue increased by 3.7% to DKK 5,532 million.
  • EBIT (operating profit) amounted to DKK 178 million compared to DKK 110 million in the same period of last financial year. Results are in line with expectations.
  • Construction generated EBIT of DKK 117 million (H1 2016/17: DKK 50 million).
  • Pipe Technologies generated EBIT of DKK 46 million (H1 2016/17: DKK 37 million).
  • Ground Engineering generated EBIT of DKK 15 million (H1 2016/17: DKK 23 million).
  • The Group’s net interest-bearing debt came to DKK 143 million as at 31 March 2018.
  • The equity ratio was 39.6% as at 31 March 2018.

Outlook for the financial year 2017/18

  • The outlook for the full financial year remains unchanged. EBIT is expected to amount to DKK 450 million. Revenue is expected to be approx. 5% up on the financial year 2016/17.