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
2017
Q3
2016
YTD
2017
YTD
2016
Key figures (in DKK thousands): 
Income statement
Revenue 860,773 482,466 2,443,705 482,466
Gross profit 131,367 84,477 379,385 84,477
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
Special items -1,168 -7,248 -3,575 -7,248
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 flow
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.

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Contacts

  • Scan Bidco A/S
    Kirstinehoej 7 DK - 2770 Kastrup, Copenhagen Denmark
    +4532480000