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Brdr. Hartmann — Regulatory Filings 2021
Jan 29, 2021
3403_rns_2021-01-29_3a75c6e3-9240-457a-9ed3-06f2aaabcf26.pdf
Regulatory Filings
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HARTMANN
Management
Company announcement no. 2/2021
Gentofte, 29 January 2021
Hartmann settles rights dispute and receives DKK 78 million
Hartmann has today entered into an agreement to settle an international dispute pertaining to immaterial rights concerning Hartmann’s imagic® products. As a result of the settlement agreement, Hartmann will receive DKK 78 million, which will be included in revenue and operating profit as licence income in QI 2021.
Hartmann maintains 2020 guidance of revenue of DKK 2.5-2.7 billion, a profit margin of 16-18% before restatement for hyperinflation and special items as well as investments around DKK 450 million.
The outlook for 2021 will be presented in connection with the publication of Hartmann’s annual report 2020 on 9 March 2021.
For further information, please contact:
Torben Rosenkrantz-Theil
CEO
(+45) 31 21 68 72
Bradrene Hartmann A/S Ørnegårdsvej 18 DK-2820 Gentofte Denmark
CVR no. 63 04 96 11
Tel.: +45 45 97 00 00
Fax: +45 45 97 00 01
E-mail: [email protected]
www.hartmann-packaging.com