Interim financial report for the period 1 October 2017-31 March 2018

RESULTS OF THE FIRST SIX MONTHS

• Consolidated revenue increased by 3.7% to DKK 5,532 million.
• EBIT (operating profit) amounted to DKK 178 million compared to DKK 110 million in the same period of last financial year. Results are in line with expectations.
• Construction generated EBIT of DKK 117 million (H1 2016/17: DKK 50 million).
• Pipe Technologies generated EBIT of DKK 46 million (H1 2016/17: DKK 37 million).
• Ground Engineering generated EBIT of DKK 15 million (H1 2016/17: DKK 23 million).
• The Group’s net interest-bearing debt came to DKK 143 million as at 31 March 2018.
• The equity ratio was 39.6% as at 31 March 2018.

OUTLOOK FOR THE FINANCIAL YEAR 2017/18

• The outlook for the full financial year remains unchanged. EBIT is expected to amount to DKK 450 million. Revenue is expected to be approx. 5% up on the financial year 2016/17.

Attachment

• Aarsleff_H1_20172018_UK