Cemat A/S Provides Earnings Guidance for the Year 2019 and 2020
before taking into account the valuation of the investment property. Due to higher revenues and lower than expected costs, the company's management expects that EBIT for 2019 will reach the level of around DKK 6 million and the net result before taking into account the valuation of the investment property of around DKK 3.5 million.
For the year 2020, the company expects EBIT to drop to around DKK 1 million.