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MT Højgaard Holding: Announces sale of Seth and raises FY'23 revenue guidance - ABG

Revenue guidance raised to DKK 10bn from DKK 9.0 - 9.5bn
Announces sale of Seth as restructuring of its International division continues
Further streamlines the profie of MTHH, frees up management resources


Robust performance in core Danish operations

On Wednesday evening, MT Højgaard Holding announced the sale of Seth as well as raised its FY'23 revenue guidance to DKK 10bn from previously DKK 9.0 - 0.5bn following solid performance of its Danish division. The adjusted EBIT guidance is unchanged at DKK 200 - 225m which, all else equal, suggest continued underperformance in, for instance, the International division.
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