News / interim-report-for-the-period-1-october-2012-31-march-2013

27.05.2013 - Company announcement

Interim report for the period 1 October 2012-31 March 2013

Today, the Board of Directors of Per Aarsleff A/S has discussed and approved the interim report for the first six months of the financial year 2012/2013. The interim report has not been audited or reviewed by the company’s auditor.

Results of the first six months:

  • Profit before tax came to DKK 84 million compared to DKK 76 million in the same period last financial year.
  • Consolidated revenue came to DKK 3,497 million.
  • Construction reported profit before interest of DKK 40 million.
  • Pipe Technologies reported profit before interest of DKK 39 million.
  • Piling reported profit before interest of DKK 11 million.
  • Net interest-bearing debt came to DKK 46 million as at 31 March 2013.

Negotiations for acquisition:

  • Per Aarsleff A/S has begun negotiations with Aegion Group USA for the acquisition of Aegion's 50% shareholding in the jointly owned German company Insituform Rohrsanierungstechniken GmbH which has annual revenue of approx. DKK 500 million and employs approx. 250 staff.

Outlook for the financial year 2012/2013:

  • Per Aarsleff A/S maintains its expectations for a profit before tax of DKK 200 million for the full financial year 2012/2013.

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2012-13 Q2 Interim report