HIGHLIGHTS
Overall, the H1 performance was in line with expectations, but value
adjustments on the Vestas shares had a negative impact.
Consolidated revenue was up by 4.3% to DKK 3,932 million.
EBIT more than doubled, improving by DKK 16 million to DKK 28 million.
Negative value adjustment on the holding of Vestas shares of DKK 231 million.
Schouw & Co. incurred a loss before tax of DKK 253 million.
Fibertex upgrades its profit guidance on full capacity utilisation in Personal
Care in the second half year.
Martin reporting a substantial EBIT improvement relative to 2009.
BioMar reported lower EBIT, but anticipates improvements in the second half
year.
Sjøtroll Havbruk improving profit after tax by a substantial margin.
Schouw & Co. narrows the interval for its 2010 EBIT guidance to DKK 280-400
million from DKK 250-400 million.
Schouw & Co. will be reviewing the financial statements for the six months to
June 30, 2010 online and will be hosting a teleconference (in Danish) for
analysts, the media and other interested parties on
THURSDAY, AUGUST 19, 2010 AT 15.00
The presentation will be webcast. A link to the presentation is available at
the Schouw & Co. website, where the presentation will also be available for
subsequent viewing. Those wishing to attend the teleconference are invited to
call tel. +45 3271 4767.
Questions relating to the above should be directed to Jens Bjerg Sørensen,
President, on tel. +45 8611 2222.
