Copenhagen, 2016-12-21 12:26 CET (GLOBE NEWSWIRE) --
Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the audited financial statements of the company for 2015/2016.
Profit for the year:
Profit before tax came to DKK 399 million.
Consolidated revenue came to DKK 10,420 million.
Construction reported EBIT of DKK 248 million.
Pipe Technologies reported EBIT of DKK 41 million.
Ground Engineering reported EBIT of DKK 129 million.
Cash flows from operating activities with deduction of investments came to a negative liquidity flow of DKK 352 million.
Net interest-bearing debt came to DKK 61 million as at 30 September 2016.
The Board of Directors will propose a dividend of DKK 4 per share of a nominal value of DKK 2 corresponding to a payment of DKK 82 million.
Outlook for the financial year 2016/2017:
For the future financial year, EBIT of DKK 430 million is anticipated.
Previously, expectations for the annual results were stated as profit before tax. To ensure consistency with the announcements of the individual segments and the long-term targets, the outlook for the annual results will henceforward be disclosed as EBIT.
General Manager Ebbe Malte Iversen, tel. +45 8744 2222.