SP Group

Earnings Release • Oct 27, 2019

Announcement No. 61 / 2019 27 October, 2019 CVR No. 15701315

NASDAQ Copenhagen A/S Nikolaj Plads 6 1007 København K

Full-year guidance 2019 downgraded at SP Group A/S

Due to lower revenue and profit than expected in the third quarter, as well as the outlook for lower revenue and profit in the fourth quarter, the outlook for the full-year 2019 is changed.

Now, SP Group expects a revenue for the FY 2019 at the level of DKK 1.9 – 2.0 billion (previously at the level of DKK 2.0 – 2.1 billion) and a profit before tax at the level of DKK 175 million (previously at the level of DKK 200 million).

SP Group will, as planned, publish its interim report for third Quarter of 2019 on 12 November 2019.

Further information: CEO Frank Gad Phone: (+45) 70 23 23 79 www.sp-group.dk

In case of any discrepancies, the Danish version shall prevail.