Interim Management Statement covering Q1 2023/24
14 11월 2023 - 8:38PM
Interim Management Statement covering Q1 2023/24
Interim Management Statement covering Q1
2023/24
The Board of Directors of Rovsing A/S has today
reviewed and approved the Interim Management Statement for the
first quarter (1 July 2023– 30 September 2023) of the financial
year 2023/24.
Q1 highlights
- The Q1 2023/24 revenues and EBITDA
are in line with expectations.
- In Q1 of the financial year
2023/24, the revenue amounted to DKK 8,1 million (DKK 5,5 million
in Q1 2022/23), which is an increase of 47%.
- Q1 EBITDA amounts to DKK 0,6
million (DKK 0,0 million in Q1 2022/23).
- The Company maintains a high order
backlog of DKK 62,1 million at the end of Q1. On this basis,
Rovsing has a positive operational outlook and growth opportunities
for the coming years as industry opportunities continue a positive
trend. In order to execute the order backlog the Company has and
will continue to scale up the organisation and capacities
throughout the year.
- During Q1 2023/24, our team has
continued to support a wide range of institutional, commercial and
military customers, delivering test- and simulation systems,
individual products, software solutions, ISVV and on-site
engineering services. Rovsing has an extensive range of projects in
different implementation stages, which strengthens our robustness
and foundation to build upon while we continue to expand our market
reach.
- Given the growth perspectives, the
Company for the moment is exploring various options to strengthen
its capital structure.
- The outlook for 2023/24 is
maintained with a revenue in the range of DKK 37,0 to 41,0 million
and a positive EBITDA in the range of DKK 3,5 to 4,5 million.
Further information:
Hjalti Pall Thorvardarson, CEO. Tel. +45 53 39
18 88. Email: hpt@rovsing.dk
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Announcement351_Interim_Management_Statement_Q1_2023-24_final
Rovsing A/s (LSE:0Q51)
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Rovsing A/s (LSE:0Q51)
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