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