Highlights
- Strong Q1 performance with revenue and EBITDA improving
- Return on invested capital (excluding goodwill) at a solid 15.9%
- After the end of the quarter,
Borg Automotive agreed to acquireSBS Automotive - Raising guidance for full-year revenue of about
DKK 22.5 billion and EBITDA in theDKK 2,105-2,315 million range due toFibertex Nonwovens , GPV, HydraSpecma andBorg Automotive .
Statement by
“
Considerable market uncertainty remains, and especially shortages or actual lack of raw materials and components resulting in higher prices are weighing on prospects. We expect the situation to normalise as the year progresses, however.
Backed by our good start to the year, we are upgrading our full-year guidance.”
Conference call (in English) in relation to the interim report
- Thursday,
6 May 2021 at15:30 CEST - Phone number for participants (no pin required): DK: +4532714988,
UK : +442030595869, US: +16313026547
Jørn Ankær Thomsen, Chairman
Attachment
- 2021Q1 Delårsrapport ENG
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