Interim report – First half year of 2012

Aktieselskabet Schouw & Co.
Half Year financial report

Interim report – First half year of 2012

HIGHLIGHTS
Good performance supporting the upgraded guidance from the Q1 2012 interim
report. 

Revenue improved by 24% to DKK 6,130 million, driven by improvements in all of
our businesses. 

EBIT more than doubled to DKK 333 million.

Profit before tax improved to DKK 186 million.

The full-year EBIT forecast is maintained at the range of DKK 720-800 million.

WEBCAST AND TELEPHONE CONFERENCE
Schouw & Co. will be reviewing the financial statements for the six months to
June 30, 2012 online and will be hosting a teleconference (in Danish) for
analysts, the media and other interested parties on 

THURSDAY, AUGUST 16, 2012 AT 15.30

The presentation will be webcast. A link to the presentation is available at
the Schouw & Co. website, www.schouw.dk, where the presentation will also be
available for subsequent viewing. Those wishing to attend the teleconference
are invited to call tel. +45 3271 4767. 

Questions relating to the above should be directed to Jens Bjerg Sørensen,
President, on tel. +45 8611 2222.

Aktieselskabet Schouw & Co.

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Interim report – First half year of 2012