Copenhagen, Denmark, 2011-05-26 13:37 CEST (GLOBE NEWSWIRE) --
H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com
Key figures for the period 1 January to 31 March 2011
- First-quarter revenue was DKK 287 million (2010: DKK 236 million)
- First-quarter EBITDA was a loss of DKK 14 million (2010: loss of DKK 31 million)
- First-quarter result before tax was a loss of DKK 50 million (2010: loss of DKK 75 million)
- Equity at 31 March 2011 was DKK 687 million
- Net interest-bearing debt at 31 March 2011 was DKK 694 million
- EBITDA before special items for the 2011 financial year expected to be in the region of DKK 100-140 million
- Free cash flow expected to be positive at around DKK 20-60 million
- Total investments expected to be less than DKK 50 million
Anders C Karlsson
Chairman of the Board of Directors
Michael T Andersen
CEO
For additional information please contact:
Michael T Andersen, CEO, or Niels Eldrup Meidahl, CFO, on telephone +45 35 27 02 00
This is a translation of the company’s announcement in Danish. In case of inconsistency between the Danish text and this English translation, the Danish text shall prevail.
