Interim Financial Report - Fourth quarter 2019
Company announcement no. 20
Q4 financial performance
The fourth quarter (Q4) 2019 consolidated financial statements describe the operating results of the SGL TransGroup International A/S Group.
- The Q4 2019 revenue was DKK 1,032 million and increased by 9.1% vs Q4 2018.
- The total Q4 2019 Gross Profit was DKK 219 million and the Gross Margin equals 21.2%.
- The Q4 2019 EBITDA before special items comprise DKK 61 million; equal to an EBITDA-margin before special items of 5.9%.
| Financial highlights (in DKK thousands) | Q4 2019 | Q4 20181) | YTD 2019 | YTD 20181) |
| Income statement | ||||
| Revenue | 1,032,464 | 945,942 | 4,143,904 | 3,520,600 |
| Gross profit | 219,181 | 158,483 | 773,036 | 591,836 |
| EBITDA before special items | 61,224 | 28,005 | 202,112 | 88,639 |
| EBIT before special items | 25,181 | 16,962 | 85,704 | 47,537 |
| Special items | -28,687 | -27,406 | -39,966 | -34,955 |
| Operating profit (EBIT) | -3,506 | -10,444 | 45,738 | 12,582 |
| Net financial expenses | -70,648 | -18,424 | -122,101 | -59,601 |
| Profit/loss before tax | -74,154 | -28,868 | -76,363 | -47,019 |
| Profit/loss for the period | -72,946 | -33,706 | -85,428 | -55,386 |
| Cash flow | ||||
| Cash flows from operating activities before special items, interest & tax | 92,272 | 112,561 | ||
| Cash flows from operating activities | -118,645 | 19,253 | ||
| Cash flows from investing activities | -134,434 | -39,344 | ||
| Free Cash flow | -253,079 | -20,092 | ||
| Cash flows from financing activities | 193,547 | 129,920 | ||
| Cash flow for the period | -59,532 | 109,829 |
Note: The 2018 comparison figures are not adjusted to the new accounting standard IFRS 16.
The full interim financial report can be downloaded via https://www.scangl.com/investor
| For further information, please contact: | Claes Brønsgaard Pedersen, Global CFO |
| (+45) 32 48 00 00 |
SGL TransGroup International 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 13.30 (CET) on 28 February 2020.
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