Interim financial report for 1 October 2022-31 March 2023

Today, the Board of Directors of Per Aarsleff Holding A/S has discussed and approved the interim financial report for the first six months of the financial year 2022/23. The interim report has not been audited or reviewed by the company’s auditors. 

Highlights 

• A strong first half of the financial year with revenue increase and satisfactory earnings.
• Revenue increased by 20.7% to DKK 9,972 million.
• EBIT amounted to DKK 409 million, corresponding to an EBIT margin of 4.1%.
• Order intake of DKK 9.4 billion and order backlog of DKK 22.3 billion.
• Cash flow from operating activities of DKK 686 million. 

Outlook for 2022/23 

The outlook for the full financial year was upgraded on 15 May: 

• Revenue growth of 8-11%, corresponding to revenue of DKK 19.5-20 billion against previously DKK 18.5-19.5 billion.
• EBIT in the range of DKK 880-940 million against previously DKK 820-880 million.

”The positive development from Q1 of the financial year has continued, and the Aarsleff Group had a strong H1 with high revenue and satisfactory earnings. Our expertise is in demand especially within energy and district heating projects, but there is also a high level of activity and good opportunities within technical solutions and buildings for the pharma industry.” 

Jesper Kristian Jacobsen
CEO