Interim Report - Third quarter 2016 - SP Group A/S

DK-5471 Soendersoe, 2016-11-17 13:58 CET (GLOBE NEWSWIRE) -- SP Group generated profit before tax and non-controlling interests of DKK 91.3 million in 9M 2016, a 65.1% increase from DKK 55.3 million in 9M 2015. Revenue improved by 14.0% year on year to DKK 1,097.5 million and EBITDA rose by 33.7% to DKK 150.8 million from DKK 112.8 million. Earnings were higher than expected, and management upgrades its FY 2016 guidance. We now expect profit before tax and non-controlling interests of about DKK 120 million (previous guidance DKK 100-120 million) on revenue of around DKK 1.5 billion (previous guidance around DKK 1.5 billion).