Q3, 2021/22
23 February 2022 - 10:04PM
Q3, 2021/22
To Nasdaq OMX Copenhagen A/S
Public announcement no. 514 February 23rd, 2022
ECONOMIC KEY FIGURES FOR GLUNZ &
JENSEN HOLDING A/S Q3 2021/22
The Q3, 2021/22 of the fiscal year was reviewed
and approved at the Board of Directors meeting today. The Board of
Directors announces the following consolidated financial statements
year to date (YTD) for Q3 (the first 9 months) of 2021/22.
The Q3 result of the fiscal year 2021/22 has
exceeded the expectations under difficult market conditions.
Highlights
- The revenue for YTD Q3 2021/22 amounted to DKK 112,9 million
(2020/21: DKK 104,2 million).
- The process of strengthening earnings by streamlining and
consolidating production and supply chain at the subsidiary in
Slovakia is following the outlined plan and is close to being
finalized.
- EBITDA for the period was DKK 19,1 million (2020/21: DKK 9,9
million.)
- Profit before tax for the period was DKK 12,6 million (2020/21:
a loss of DKK -2,1 million.)
Guidance for the full year
2021/22
The Board of Directors and Executive Management
have reviewed the guidance for 2021/22. For the fiscal year
2021/22, the Group revenue is now expected to be at the DKK 145
million level (previous guidance DKK 135-145 million level), while
EBITDA is expected at the DKK 23 million level (previous guidance
DKK 23 million level). The profit before tax is expected at the DKK
14 million level (previous guidance DKK 12 million level).
Sale of Selandia Park
As highlighted in the annual report 2020/21, the
Board of Directors decided to initiate a sales process for the
investment properties in Selandia Park. Further information will be
provided when available. The potential sale of Selandia Park is not
included in the guidance.
For further information please
contact:
CEO Martin Overgaard Hansen: phone +45 22 60 84 05Chairman of
the board Flemming Nyenstad Enevoldsen: phone +45 40 43 13 03
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