SP Group generated profit before tax of DKK 54.6 million in Q1 2019, a 6.3% increase from DKK 51.3 million in Q1 2018. Relative to the year-earlier period, revenue was up by 12.0% to DKK 529.6 million and EBITDA was up by 18.6% to DKK 85.4 million from DKK 72.0 million. Earnings were in line with expectations. We maintain the FY 2019 guidance provided in the 2018 Annual Report and released in Announcement no. 13/2019. We continue to guide for profit before tax and non-controlling interests at the level of DKK 200 million on revenue of about DKK 2.0 billion.
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