MT Højgaard changes its outlook for 2011


Enclosed please find MT Højgaard A/S’ press release of 10 November 2011. Højgaard Holding A/S holds an ownership interest of 54 % in MT Højgaard A/S.

The MT Højgaard group changes its expectations for 2011 to a consolidated pre-tax loss with a pre-tax margin in the region of 0 to -1 % instead of the previously expected pre-tax margin in the region of 1 %. The previously announced revenue expectation of approximately DKK 9.5 billion is maintained.

Consequently the Højgaard Holding group changes its expectations accordingly to a pre-tax loss with a pre-tax margin in the region 0 to -1 % instead of the previously expected pre-tax margin in the region of 1 %. The previously announced revenue expectation of approximately DKK 5 billion is maintained.

Interim report for the first three quarters of 2011 will be published on 22 November 2011.

 

 

Best regards,
Højgaard Holding A/S
 
 
Helge Israelsen                                          Berit Lovring
Chairman of the board                                               CEO
 

 

         Contacts:
         Berit Lovring, CEO, Højgaard Holding, tel. +45 4520 1507
         Kristian May, president and CEO MT Højgaard, tel. +45 2270 9222
         Helge Israelsen, chairman of the board, Højgaard Holding, tel. +45 4053 8528


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