SP Group — Earnings Release 2016

Apr 28, 2016

DK-5471 Soendersoe, 2016-04-28 11:58 CEST (GLOBE NEWSWIRE) -- SP Group
generated profit before tax and non-controlling interests of DKK 25.9 million
in Q1 2016, a 85.8% increase from DKK 14.0 million in Q1 2015. Revenue improved
by 13.7% year on year to DKK 349.5 million and EBITDA rose by 38% to DKK 44.8
million from DKK 32.4 million. Our earnings are in line with expectations and
we maintain the guidance for 2016 as provided in the Annual Report. We continue
to expect a slight increase in profit before tax and non-controlling interests
in 2016 relative to 2015 (DKK 80.7 million) and slightly higher revenue than in
2015 (DKK 1,319.8 million).