The Board of Directors and Management of Aktieselskabet Schouw & Co. today
considered and adopted the unaudited interim report for the three months to
March 31, 2007.
Highlights
• Schouw & Co. achieved a 26% increase in the profit before tax to DKK 350.3
million.
• Consolidated revenue was up by 19% to DKK 1,718.2 million.
• Operating profit was up 32% to DKK 42.2 million.
• Positive impact of DKK 333.8 million from the holding of Vestas shares.
• Considerable revenue improvements reported by all group companies.
• Grene and Martin upgrade their profit forecasts.
• Schouw & Co. adjusts the forecast for the full-year 2007 profit before tax
to approximately DKK 350 million from the previous forecast of DKK 330
million, excluding the effects from the holding of Vestas shares and the
contribution to profit from Sjøtroll Havbruk.
The projected profit before tax equals a 17% improvement over 2006 on a same-
activity basis.
Schouw & Co. will be holding a telephone conference for analysts, members of
the press a.o. on telephone 70 26 50 45, code 5567714# on
Thursday, May 10, 2007 at 15.30
Aarhus, May 10, 2007
Aktieselskabet Schouw & Co.
Jørn Ankær Thomsen Jens Bjerg Sørensen
Chairman President
Questions relating to the above should be directed to Jens Bjerg Sørensen,
President, on tel. +45 8611 2222.
