Strong EBIT shows good order execution and order discipline
Q1 revenues of DKK 2,293 grew by 6% but came in 6% below our numbers. Below the top-line, gross profit increased by 12%, while EBIT grew by 65% to DKK 94m and came in 22% ahead of our numbers which, in our view, demonstrates the company's better execution and order book discipline and is furthermore aided by the relatively high activity level.