Per Aarsleff Holding A/S Reports Preliminary Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended September 30, 2016; Provides Earnings Guidance for the Fiscal 2017
For the year, the company reported revenue of DKK 10,419,564,000, operating profit of DKK 417,792,000, profit before interest of DKK 415,808,000, profit before tax of DKK 399,075,000, profit of DKK 304,166,000 or DKK 14.8 per share against revenue of DKK 10,253,877,000, operating profit of DKK 487,134,000, profit before interest of DKK 483,981,000, profit before tax of DKK 545,763,000, profit of DKK 366,363,000 or DKK 18.00 per share a year ago. Cash flows from operating activities were DKK 430,058,000 compared to DKK 1,124,293,000 a year ago. Net investment in non-current assets was DKK 571,724,000 compared to DKK 374,552,000 a year ago. Return on equity was 12.7% compared to 17.4% a year ago.
The company provided earnings guidance for the fiscal 2017. For the fiscal 2017, the company expects EBIT of DKK 430 million.