SP Group — Earnings Release 2016

Aug 23, 2016

DK-5471 Soendersoe, 2016-08-23 14:31 CEST (GLOBE NEWSWIRE) -- SP Group
generated profit before tax and non-controlling interests of DKK 59.2 million
in H1 2016, a 73.2% increase from DKK 34.2 million in H1 2015. Revenue improved
by 16.1% year on year to DKK 728.7 million and EBITDA rose by 39.8% to DKK 97.8
million from DKK 70.0 million. Earnings were higher than expected, and
management upgrades its FY 2016 guidance. SP Group now expects profit before
tax and non-controlling interests of about DKK 100-120 million (previous
guidance about DKK 100 million) on revenue of around DKK 1.5 billion (previous
guidance DKK 1.45-1.5 billion).