Brief: Gabriel Holding FY Profit Before Tax Drops To DKK 32 Mln

Gabriel Holding A/S

12/11/2020 10:32

Nov 12 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * REG- GABRIEL HOLDING A/S REALISES REVENUE OF DKK 727.3
MILLION
AND PROFIT BEFORE TAX OF DKK 32.0 MILLION
    * GROWTH IN HALF-YEAR WAS AS EXPECTED AND WAS REALISED
THROUGH
SOLID GROWTH RATES IN EUROPE AND NORTH AMERICA.
    * GROUP'S REVENUE INCREASED BY 3% TO DKK 727.3 MILLION IN
FINANCIAL YEAR
    * PROFIT BEFORE TAX WAS DKK 32.0 MILLION FOR FINANCIAL YEAR
(DKK
62.9 MILLION).
    * TO PAY A DIVIDEND OF DKK 5.0 PER DKK 20 SHARE
    * FY REVENUE GROWTH TO DKK 760-790 MILLION IS EXPECTED (DKK
725
MILLION IN 2019/20)
    * REVENUE DEVELOPMENT IN FIRST HALF OF 2020/21 FINANCIAL
YEAR IS
THEREFORE EXPECTED TO BE NEGATIVE, BUT POSITIVE IN SECOND HALF
OF YEAR.
    * TOTAL EXPECTATIONS FOR 2020/21 FINANCIAL YEAR ARE REVENUE
OF
ORDER OF DKK 760-790 MILLION AND PROFIT BEFORE TAX OF ORDER OF
DKK 50-55 MILLION.
    * PROFIT BEFORE TAX IS EXPECTED TO BE OF ORDER OF DKK 50-55
MILLION (DKK 32 MILLION)
    * TOTAL EXPECTATIONS FOR 2020/21 FINANCIAL YEAR ARE REVENUE
OF
ORDER OF DKK 760-790 MILLION AND PROFIT BEFORE TAX OF ORDER OF
DKK 50-55 MILLION.

Source text for Eikon:  ID:nGNEc3nzpz 
Further company coverage:  GABR.CO 

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