Strong Q1 performance and increased expectations for full year 2010


Growth in the first quarter came from a strong underlying sales and earnings
performance, but was also the result of a challenged first quarter 2009. The
most important currencies have developed favorably since the previous guidance
and are now expected to impact the full year positively. Sales are now expected
to grow by 6-8% in DKK and by 4-6% in LCY. EBIT is expected to grow by 12-14%,
and the EBIT margin is expected at around 21%. Net profit is expected to grow
by 17-19%, and free cash flow before acquisitions is expected at DKK 800-900
million. 

Read the whole company announcement

Attachments

2010_05_q110_en-final.pdf