Brief: Harboes Bryggeri Maintains Outlook

Harboes Bryggeri A/S

29/09/2022 14:52

Sept 29 (Reuters) - Harboes Bryggeri A/S  HARBb.CO :
    * INTERIM REPORT Q1 2022/2023
    * MAINTAINS EXPECTATIONS FOR WHOLE YEAR
    * UNCERTAINTIES FOR REMAINDER OF YEAR REMAIN SIGNIFICANT
    * LARGE PART OF OUR BUSINESS IS BASED IN ENTRY-LEVEL PRICE
SEGMENT, WHERE MARGINS ARE LOW
    * Q1 NET TURNOVER DKK 420.9 MILLION VERSUS DKK 380.4 MILLION
YEAR
AGO
    * Q1 EBITDA DKK 18.7 MILLION VERSUS DKK 38.9 MILLION YEAR
AGO
    * EBITDA WAS AFFECTED BY CONTINUED SIGNIFICANT COST PRICE
INCREASES ACROSS ALL INPUT  PRICES
    * NEGOTIATIONS WITH SUPPLIERS REGARDING PRICES AND CONTINUED
SECURITY OF DELIVERY ARE  CLOSE AND ONGOING
    * SUPPLY CHAINS HAVE BEEN AFFECTED BY DELAYS AND CHANGES IN 
DELIVERIES DURING THE QUARTER AS RESULT OF CURRENT MARKET
CONDITIONS

Source text for Eikon:  ID:nGNE64B42M 
Further company coverage:  HARBb.CO 
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