The financial year for the group in outline
Revenue was DKK 1,151.5 million, down 2.4%. The fall is attributable to the
weeding-out of unprofitable customers in the brewery sector
Sales of beer and soft drinks, including malt beverages and malt wort products,
totalled 4.16 million hectolitres against 4.30 million hectolitres last year,
down 3.3%.
Operating profit (EBIT) rose to DKK 38.5 million compared with last year's DKK
27.7 million, up 39.0%.
Consolidated profit before tax was DKK 36.3 million against DKK 22.0 million
last year, up 65.0%.
The group's investments during the period totalled DKK 93.9 million.
Cash flows from operating activities and free cash flows (changes in cash and
cash equivalents) amounted to DKK 36.1 million and DKK -65.3 million,
respectively.
Harboe maintains the outlook announced in the group's annual report of a profit
before tax in the range of DKK 55-65 million.
