Q1, 2022
24 August 2022 - 8:11PM
Q1, 2022
To Nasdaq OMX Copenhagen A/S
Public announcement no. 531 August 24, 2022
ECONOMIC KEY FIGURES FOR GLUNZ & JENSEN HOLDING A/S
Q1 2022
The Q1, 2022 (April through June 2022) 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 Q1 (April
through June) of 2022.
The Q1 result of the fiscal year 2022 has met
the expectations under difficult market conditions.
Highlights
- The revenue for YTD Q1 2022 amounted to DKK 36,4 million (2021:
DKK 35,9 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 3,8 million (2021: DKK 5,9
million.)
- Profit before tax for the period was DKK 3,0 million (2021: DKK
3,2 million.)
Guidance for the full year (9 months
from April through December 2022) is unchangedFor fiscal
year 2022, the Group revenue is expected to be at the DKK 112-117
million level, while operating profit (EBITDA) is expected at the
level of DKK 13-18 million level. The profit before tax is expected
at the DKK 10-14 million level.
The above guidance for 2022 was communicated on
June 30, 2022, following the shortening of the fiscal year to 9
months, which was approved at the annual general meeting on June
30, 2022.
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
Glunz & Jensen Holding A/s (LSE:0OJB)
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