Interim Financial Report - Third quarter 2017.
Q3 financial performance
The third quarter (Q3) 2017 consolidated financial statement describes the operating results of the Scan Global Logistics A/S Group.
- The Q3 2017 revenue was DKK 861 million and 2% above Q2 2017
- The total Q3 Gross profit was DKK 131 million and the gross margin equals 15.3%.
- The Q3 2017 revenue and EBITDA before special items comprise of DKK 861 million and DKK 13 million respectively.
|Financial highlights for the Scan Bidco Group||Q3
|Key figures (in DKK thousands):|
|Earnings before Interest, Tax, Depreciation, Amortisation (EBITDA) and special items||13,086||19,314||30,082||19,314|
|Earnings Before Interest, Tax, Amortisation (EBITA) and special items||10,988||17,719||23,569||17,719|
|Operating profit (EBIT) before special items||4,488||17,719||4,069||17,719|
|Net financial expenses||-11,189||-18,046||-37,777||-18,046|
|Profit/loss before tax||-7,869||-7,575||-37,283||-7,575|
|Profit/loss for the period||-9,412||-9,468||-37,507||-9,468|
|Cash flows from operating activities before interest||-121,088||15,572|
|Cash flows from operating activities||-166,581||-3,450|
|Cash flows from investing activities||-103,871||-1,172,430|
|Free Cash flow||-270,451||-1,175,880|
|Cash flows from financing activities||65,189||1,226,166|
|Cash flow for the period||-205,262||50,286|
The full report can be downloaded at https://www.scangl.com/investor
For further information, please contact:
|Allan Melgaard, Group CEO|
|Claes Brønsgaard Pedersen, Group CFO|
|(+45) 32 48 00 00|
Scan Bidco A/S discloses the information contained in the interim report pursuant to the EU Market Abuse Regulation (596/2014/EU) and the Swedish Securities Market Act.
The information was submitted for publication by the above mentioned persons at 21.25 (CET) on 30 November 2017.