MT Højgaard Holding — Interim / Quarterly Report 2017

Aug 17, 2017

The board of directors of Højgaard Holding A/S has today considered and
approved this interim­ report for the period from 1 January to 30 June 2017.

-- The group’s revenue was DKK 34 million against DKK 39 million for the same
period last year.
-- The group recorded a loss before tax of DKK 2 million, compared to a loss
of DKK 12 million for the same period in the previous year.
-- The jointly controlled enterprise MT Højgaard (in which Højgaard Holding
A/S holds a share of 54%) recorded an operating profit before special­
items for the period of DKK 41 million, compared to a loss of DKK 19
million for the same period in the previous year. The development can be
attributed to a generally higher level of activity and the recognition in
advance of contribution margins from the transfer of the contract regarding
Metro Cityringen to CMT. Results after tax for the period (before minority
interests), which is negatively affected by special items amounting to DKK
25 million, was a loss of DKK 3 million, compared to a loss of DKK 18
million for the same period last year.
-- For the MT Højgaard group as well as the Højgaard Holding group,
expectations for the year remain unchanged from previous announcements.

Best regards,
Højgaard Holding A/S
Søren Bjerre-Nielsen Ditlev Fløistrup
Chairman of the board CEO

     Contacts:
     Ditlev Fløistrup, CEO, Højgaard Holding, tel. +45 4520 1500
     Torben Biilmann, president and CEO, MT Højgaard, tel. +45 2270 9020
     Søren Bjerre-Nielsen, chairman of the board, Højgaard Holding, tel.

+45 4520 1500