Financial outlook for 2017
Revenue growth in local currencies (organic growth) is expected to be 5-7%.
EBITDA before special items is expected to be DKK 220-240 million.
Special items of approximately DKK 25 million cost are expected to be incurred as a result of the Borough Green factory upgrade and resulting need to import products from Poland. The increased transportation cost will be expensed at the point of sale and treated as a special item.
Investments excluding mergers, acquisitions and divestments are expected to be in the region of DKK 120 million.
H+H International A/S will update and adjust the expectations presented where so required by legislation, and rules including e.g.the Market Abuse Regulation and Rules for Issuers on Nasdaq Copenhagen.
Annual reports and interim financial statements contain forward-looking statements.
Such statements are subject to risks and uncertainties, as various factors, many of which are beyond the control of H+H International A/S, may cause actual developments and results to differ materially from the expectations expressed in the reports.