Delays and clearing costs drive downgrade The downgraded earnings outlook is driven by several factor, notably a production delay at Scandi Byg. While Scandi Byg generated a strong order intake (DKK 406m vs 62m) the unit faces production delays of 3-6m due to raw material shortages. Also contributing to the FY22 earnings downgrade are COVID-19 related start-up delays in Portugal as well as costs related to clearing-up projects in Greenland and Faroe Island.
Strategy driven order book. Conference call at 12:15 (CET) In these uncertain times it is very encouraging to note the strong order intake and the order book in particular which to a large extent is driven by partnerships lending support to the company’s strategy. The company will host a conference call today at 12:15 (CET) with details in the attached deviation ... Läs mer på ABG Sundal Collier
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