MT Højgaard’s Thule activities to be scaled down


Enclosed please find MT Højgaard A/S’s release of 31 October 2014 regarding The MT Højgaard contract on operations and maintenance of the Thule Air Base is to expire by 30 September, 2015

This announcement does not give rise to any changes to previously published expectations of the economic development for 2014

Højgaard Holding A/S holds an ownership interest of 54 % in MT Højgaard.

For 2014, in addition to our 54% share in the MT Højgaard group’s profit after tax and minority interests, the Højgaard Holding group still expects a small positive result before tax.

The projections concerning future financial performance are subject to uncertainties and risks that may result in a development that deviates substantially from what is expected.

 

 

Best regards,
Højgaard Holding A/S
 
 
Ditlev Fløistrup
CEO
 

 

         Contacts: Torben Biilmann, president and CEO, MT Højgaard, tel. +45 2270 9020
         Ditlev Fløistrup, CEO, Højgaard Holding, tel. +45 4520 1500
         Søren Bjerre-Nielsen, chairman of the board, Højgaard Holding, tel. +45 4520 1500


Attachments

2014-10-31 MT Højgaard looses contract in Greenland.pdf