OUTLOOK (GUIDANCE) FOR 2024
The Board of Directors has carefully evaluated management’s expectations for the remainder of 2024.
Current Order Intake and Expectations
The order intake and orderbook have progressed as anticipated, albeit with some fluctuations. These variations suggest that Glunz & Jensen may not be able to fulfill all equipment deliveries within the fiscal year 2024.
Revised Financial Outlook
Glunz & Jensen is updating its outlook for the Group for the entire year of 2024 as follows:
- Revenue is now expected to be around DKK 135 million (previously estimated at approximately DKK 148 million)
- EBITDA is anticipated to be approximately DKK 12 million (previously projected at around DKK 18 million)
- The expected Profit before tax is approximately DKK 5 million (down from the earlier estimate of about DKK 10 million)
The projections for EBITDA and Profit before tax do not account for any potential adjustments related to the fair value of the investment property.
Contact Information
For additional information, please reach out to:
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.