Per Aarsleff Holding - Earnings Release 2018

Interim financial report for the period 1 October 2017-31 March 2018

RESULTS OF THE FIRST SIX MONTHS

Consolidated revenue increased by 3.7% to DKK 5,532 million.
EBIT (operating profit) amounted to DKK 178 million compared to DKK 110 million in the same period of last financial year. Results are in line with expectations.
Construction generated EBIT of DKK 117 million (H1 2016/17: DKK 50 million).
Pipe Technologies generated EBIT of DKK 46 million (H1 2016/17: DKK 37 million).
Ground Engineering generated EBIT of DKK 15 million (H1 2016/17: DKK 23 million).
The Group’s net interest-bearing debt came to DKK 143 million as at 31 March 2018.
The equity ratio was 39.6% as at 31 March 2018.

OUTLOOK FOR THE FINANCIAL YEAR 2017/18

The outlook for the full financial year remains unchanged. EBIT is expected to amount to DKK 450 million. Revenue is expected to be approx. 5% up on the financial year 2016/17.

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