Interim Report - Third Quarter of 2008


Interim report - third quarter of 2008

HIGHLIGHTS
* Consolidated revenue increased by 24% million to 
  DKK 2,993 million in the third quarter.
* Q3 operating profit fell by DKK 30 million to DKK 164 million.
* Negative effect of the holding of Vestas shares amounting to 
  DKK 633 million in the third quarter.
* The Group incurred a loss before tax of DKK 508 million in the third quarter.
* Proceeds of DKK 265 million from the sale of 398,300 Vestas shares.
* Fibertex and Grene both maintain profit forecasts.
* Martin and Xergi lower profit/loss forecasts by a total of about
  DKK 50 million. 
* In optimising its productive structure, BioMar will make a DKK 60 
  million write-down in the fourth quarter in return for cost savings 
  of about DKK 30 million per year from 2009 onwards.
* Schouw & Co. downgrades its forecast for the full-year 2008 profit 
  before tax to just over DKK 200 million, excluding the effects 
  from the holding of Vestas shares. 

Schouw & Co. will be reviewing the financial statements in a teleconference (in
Danish) for ana-lysts, members of the press and other interested parties on
telephone +45 32 71 47 67, 

on Thursday, November 6, 2008 at 15.30

Questions relating to the above should be directed to Jens Bjerg Sørensen,
President, on tel. +45 86 11 22 22.

Attachments

2008-11-06 fbm 2008q3 uk.pdf