Per Aarsleff Holding — Earnings Release 2016

Feb 25, 2016

Copenhagen, 2016-02-25 12:38 CET (GLOBE NEWSWIRE) -- Today, the Board of
Directors of Per Aarsleff A/S has discussed and approved the interim report for
the first quarter of the financial year 2015/2016. The interim report has not
been audited or reviewed by the company’s auditor.

First quarter results:

-- Profit before tax came to DKK 119 million compared to DKK 123 million in
the same quarter of last financial year.
-- Consolidated revenue came to DKK 2,555 million, on a par with the first
quarter of last financial year.
-- Construction generated profit before interest of DKK 78 million.
-- Pipe Technologies generated profit before interest of DKK 31 million.
-- Ground Engineering generated profit before interest of DKK 14 million.
-- The Group’s net interest-bearing deposit came to DKK 435 million as at 31
December 2015.
-- The equity ratio was 43.1% as at 31 December 2015.

Outlook for the financial year 2015/2016:

-- For the financial year 2015/2016, profit before tax of DKK 430 million is
anticipated and a slightly increased level of activity compared with the
financial year 2014/2015.
-- On 7 January 2016, the Danish competition authorities approved the
acquisition of Hansson & Knudsen A/S, and the company was thus included
from January 2016.

Further information:
General Manager Ebbe Malte Iversen, Per Aarsleff A/S, tel. +45 8744 2222