MT Højgaard Holding A/S: MT Højgaard Holding completes sale of Scandi Byg
December 29 2023 - 8:45AM
MT Højgaard Holding A/S: MT Højgaard Holding completes sale of
Scandi Byg
MT Højgaard Holding A/S has completed the sale of the activities
in Scandi Byg A/S to Nordic Wood Industries A/S after all usual
closing conditions have been met.
The sale does not affect MT Højgaard Holding’s 2023 outlook as
Scandi Byg is classified as discontinuing operations and thus not
included in the group’s revenue and operating profit. The outlook
is therefore unchanged for revenue of DKK 9.5-10.0 billion with
operating profit around DKK 400 million before special items.
The divestment is part of MT Højgaard Holding’s strategic focus
on the Danish core business comprising the 100% owned business
units MT Højgaard Danmark, Enemærke & Petersen and MT Højgaard
Property Development.
Further information:CEO Steffen Baungaard and
CFO Rasmus Untidt can be contacted on telephone +45 22 70 93
00.
- MTHH_Investor news 29Dec23
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