Per Aarsleff Holding — Interim / Quarterly Report 2016

Aug 29, 2016

Copenhagen, 2016-08-29 11:36 CEST (GLOBE NEWSWIRE) -- Today, the Board of
Directors of Per Aarsleff Holding A/S has discussed and approved the interim
financial report for the first nine months of the financial year 2015/2016. The
interim financial report has not been audited or reviewed by the company’s
auditor.

Results of the first nine months:

-- Profit before tax was DKK 298 million compared with DKK 335 million in the
same period last financial year.
-- Consolidated revenue came to DKK 7,596 million against DKK 7,516 million in
the same period last financial year, corresponding to an increase of 1%.
-- Construction generated profit before interest of DKK 181 million.
-- Pipe Technologies generated profit before interest of DKK 31 million.
-- Ground Engineering generated profit before interest of DKK 97 million.
-- The Group’s net interest-bearing debt came to DKK 70 million as at 30 June
2016.
-- The equity ratio was 41.5% as at 30 June 2016.

Outlook for the financial year 2015/2016

We maintain our expectations for a profit before tax of DKK 400 million for the
financial year and a total level of activity in line with last financial year.

Further information:
General Manager Ebbe Malte Iversen, tel. +45 8744 2222.