SP Group

Earnings Release • Jan 18, 2021

Better product mix raises EBITDA margin for 2020 above outlook

Better product mix raises EBITDA margin for 2020 above outlook

SP Group’s preliminary, unaudited EBITDA margin for 2020 was raised to 16.4 % due to better product mix in Q4 than expected.

The outlook range was an EBITDA margin of 15 – 16 %.

Revenue is narrowed to the upper end of previously guided range of DKK 2.1 – 2.2 billion.

Profit before tax is narrowed to the upper end of previously guided range of 8 – 9 % af revenue.

As previously announced, SP Group’s Q4 2020 report and outlook for 2021 is scheduled to be released on 26 March 2021.

Attachment

• Meddelelse nr. 04 - Trading update ENG - 18 01 21