- EAC Group's consolidated revenue reached DKK 1,453m, up 30.0 per
cent in DKK compared to Q1 2008. Operating profit grew by 5.3 per
cent to DKK 143m based on strong performance by EAC Foods.
- EAC Foods achieved revenue growth of 31.9 per cent in USD compared
to Q1 2008. Operating profit in USD grew by 18.3 per cent resulting
in an operating margin of 14.1 per cent.
- EAC Industrial Ingredients' revenue fell by 10.0 per cent in local
currencies compared to Q1 2008. Operating profit in local currencies
decreased by 85.2 per cent resulting in an operating margin of 1.6
per cent.
- EAC Moving & Relocation Services' revenue decreased by 10.3 per
cent in local currencies compared to Q1 2008. Operating profit in
local currencies decreased by 14.3 per cent resulting in an operating
margin of 4.4 per cent.
- EAC Group outlook is unchanged with revenue of DKK 7.5bn and
operating profit of around DKK 600m.
Yours sincerely,
The East Asiatic Company Ltd. A/S
(A/S Det Østasiatiske Kompagni)
For additional information, please contact:
President & CEO Niels Henrik Jensen
+45 3525 4300
nhj@eac.dk
Group CFO Michael Østerlund Madsen
+45 3525 4300
mom@eac.dk
www.eac.dk
