To Nasdaq OMX Copenhagen A/S
Public announcement no. 435
March 28, 2019
GLUNZ & JENSEN GUIDANCE FOR 2019/20
The Group budget for the fiscal year 2019/20 was reviewed and approved at the Board of Directors meeting today.
The Board of Directors announces the guidance for the Group revenue in 2019/20 as in the 225 million DKK level, and the EBITDA (result before interest, tax, amortization and depreciation) before non-recurring items and fair value adjustment on investment properties at the 25 million DKK level.
The 225 MDKK revenue level for the fiscal year 2019/20 is in line with the announced guidance for the fiscal year 2018/19.
The 25 MDKK EBITDA level for the fiscal year 2019/20 is an increase of 9 MDKK compared to the EBITDA level announced for the fiscal year 2018/19.
For further information:
CEO Henrik Blegvad Funk, +4521390532
Chairman of the Board Carsten Knudsen, +4521464236