OUTLOOK (GUIDANCE) FOR 2024
The Board of Directors has reviewed management’s expectations for the remaining part of 2024.
Current Order Intake and Expectations
The order intake and the orderbook have developed as expected but with some fluctuations. The fluctuations indicate that Glunz & Jensen will not be able to deliver all equipment within the fiscal year 2024.
Revised Financial Outlook
Glunz & Jensen hereby revises outlook for the Group for the full year 2024 as follows:
- The revenue is expected at approximately DKK 135 million (previous outlook: approximately DKK 148 million)
- The EBITDA is expected at approximately DKK 12 million (previous outlook: approximately DKK 18 million)
- The Profit before tax is expected at approximately DKK 5 million (previous outlook: approximately DKK 10 million)
The outlook for the EBITDA and the Profit before tax is before potential adjustments on fair value on the investment property.
Contact Information
For further information please contact:
CEO Henrik Blegvad Funk: phone +45 21 39 05 32
Chairman of the board Flemming Nyenstad Enevoldsen: phone +45 40 43 13 03
Frequently Asked Questions
What is the revised revenue expectation for 2024?
The revised revenue expectation is approximately DKK 135 million.
What adjustments have been made in the EBITDA guidance?
The EBITDA is now expected to be approximately DKK 12 million, adjusted from the previous outlook of approximately DKK 18 million.
How will the fluctuations in the orderbook affect deliveries?
The fluctuations suggest that complete delivery of all equipment may not occur within the fiscal year 2024.
Who can be contacted for more information regarding the outlook?
Interested parties can contact CEO Henrik Blegvad Funk or Chairman Flemming Nyenstad Enevoldsen for further inquiries.
What is the anticipated profit before tax for 2024?
The anticipated profit before tax is now approximately DKK 5 million, reduced from the earlier expectation of approximately DKK 10 million.
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