Preliminary announcement of financial statements f

Copenhagen, 2016-12-21 12:26 CET (GLOBE NEWSWIRE) -- Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the audited financial statements of the company for 2015/2016.

Profit for the year:

• Profit before tax came to DKK 399 million.
• Consolidated revenue came to DKK 10,420 million.
• Construction reported EBIT of DKK 248 million.
• Pipe Technologies reported EBIT of DKK 41 million.
• Ground Engineering reported EBIT of DKK 129 million.
• Cash flows from operating activities with deduction of investments came to a negative liquidity flow of DKK 352 million.
• Net interest-bearing debt came to DKK 61 million as at 30 September 2016. 
• The Board of Directors will propose a dividend of DKK 4 per share of a nominal value of DKK 2 corresponding to a payment of DKK 82 million.

Outlook for the financial year 2016/2017:

• For the future financial year, EBIT of DKK 430 million is anticipated.
• Previously, expectations for the annual results were stated as profit before tax. To ensure consistency with the announcements of the individual segments and the long-term targets, the outlook for the annual results will henceforward be disclosed as EBIT.

Further information:

General Manager Ebbe Malte Iversen, tel. +45 8744 2222.