Preliminary announcement of the Financial Statements for 2010/2011

21 Dec, 2011 13:03 CET

Per Aarsleff A/S
Financial Statement Release

Preliminary announcement of the Financial Statements for 2010/2011

Copenhagen, 2011-12-21 13:03 CET (GLOBE NEWSWIRE) -- Today, the Board of
Directors of Per Aarsleff A/S has discussed and approved the audited Financial
Statements of the Company for 2010/2011. 

Profit for the year:

  -- The profit for the year came to DKK 133 million before tax.
  -- Consolidated revenue reached DKK 6,147 million.
  -- Construction reported profit before interest of DKK 27 million.
  -- Pipe Technologies reported profit before interest of DKK 38 million.
  -- Piling reported profit before interest of DKK 88 million.
  -- Cash flows from operating activities with deduction of investments
     constituted
     a negative liquidity flow of DKK 98 million.
  -- The Board of Directors recommends that the dividend remains unchanged at
     DKK 4.80 per share. This corresponds to DKK 11 million.

Outlook for the financial year 2011/2012:

  -- The outlook for the coming financial year is for a profit before tax at DKK
     180 million.

Further information:

General Manager Ebbe Malte Iversen, Per Aarsleff A/S, tel. +45 8744 2222.