NTG Nordic Transport Group A/S Provides Earnings Guidance for the Third Quarter and Nine Months of 2020; Revises Earnings Guidance for the Full Year of 2020
October 22, 2020 at 11:47 am EDT
NTG Nordic Transport Group A/S provided earnings guidance for the third quarter and nine months of 2020. The company expects revenue above DKK 1,250 million for the third quarter of 2020.
For the nine months, the company expects revenue above DKK 3,800 million.
The company revised the full-year outlook for 2020. The company expectations on revenue remain unchanged compared to previous guidance of DKK 5,000 million – DKK 5,400 million, while EBIT before special items is expected in the range of DKK 240 million - DKK 260 million compared to previously guidance of DKK 200 million - DKK 230 million for the full-year 2020.