In his report at the AGM of EAC today in Copenhagen, Mr. Jan Erlund, Chairman
of the Su-pervisory Board, makes the following comment about the Group's
earnings in the past part of the 2007 financial year: <quote> ”In the part of
the first quarter that is behind us, EAC's earn-ings from operations are better
than expected and the approximately three months that have passed have not seen
any negative surprises.” <unquote>
As earlier announced EAC expects its revenue to grow to DKK 3.8 bn in 2007,
while earnings from operations (EBIT) without non-recurring items will remain
at last year's level, i.e. DKK 312 mill., since earnings will be affected by
both the decline in the exchange rate of USD and the costs of growth and
expansion of activities, which in the short term will have a negative effect on
earnings.
Jan Erlund's report in its entirety will be available on EAC's website from
16.00 hours (CET).
EAC will give new guidance regarding its expectations from 2007 when presenting
the ac-counts for the first quarter of the year on 3 May.
