Per Aarsleff Holding — Earnings Release 2024

Nov 22, 2024

Nasdaq Copenhagen A/S P.O. Box 1040 1007 København K

22 November 2024 Ref.: JKJ/til

Upward adjustment of expectations for the financial year 2023/24

Based on the preliminary and non-audited financial figures, Per Aarsleff Holding A/S estimates that the Group's revenue for the entire financial year 2023/24 will exceed expectations and add up to approximately DKK 21.7 billion against the previous announcements of DKK 21-21.4 billion.

There is also an increase in the Group's EBIT which is now estimated to approximately DKK 1,100 million against the previously announced range of DKK 1,000-1,050 million. The positive change is based on the Group's segment Ground Engineering that reports significantly increased earnings above expectations in the fourth quarter, and because the segments Pipe Technologies, Rail and Construction are reporting slightly higher earnings. The segment Technical Solutions is reporting figures within the already expected range.

The annual report of 2023/24 of Per Aarsleff Holding A/S will be published according to plan on Thursday 19 December 2024.

Per Aarsleff Holding A/S Main office

Hasselager Allé 5 DK-8260 Viby J Denmark Tel +45 8744 2222

Copenhagen Office

Industriholmen 2 DK-2560 Hvidovre Denmark Tel +45 3679 3333

CVR no. 24257797