Gabriel Holding A/S delivers rising revenue and operating profit (EBIT) in the third quarter of the 2023/24 financial year and maintains the upwardly adjusted expectations.

Selected financial highlights and comments:Group total revenue was DKK 699.9 million (DKK 715.2 million)Revenue in the third quarter was DKK 230.9 million (DKK 223.2 million)Earnings before depreciation, amortisation and impairment losses (EBITDA) were DKK 57.7 million (DKK 53.9 million)EBITDA in the third quarter was DKK 22.7 million (DKK 9.5 million)Operating profit (EBIT) was DKK 19.1 million (DKK 18.2 million)EBIT in the third quarter was DKK 8.6 million (DKK -2...

Aalborg, 29/08/2024 (informazione.it - comunicati stampa - servizi)

Selected financial highlights and comments:

Expectations for the full year 2023/24

On 15 April 2024, management upwardly adjusted its expectations for the year to revenue of DKK 880 – 930 million and operating profit (EBIT) of DKK 8 – 15 million.

After nine months, these expectations are maintained, although both revenue and operating profit (EBIT) are expected to be realised towards the high end of the announced range.

A high level of uncertainty still surrounds the expectations for the year, primarily as a result of the continued geopolitical challenges, and because international demand is challenged by risks of inflation and uncertainty about interest rate trends.

Attachment