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Last kr352.00 DKK
Change Today +2.00 / 0.57%
Volume 32.3K
As of 11:00 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

hojgaard hldg-b shares (HOEJB) Snapshot

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07/24/15 - kr358.00
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hojgaard hldg-b shares (HOEJB) Details

Højgaard Holding A/S, together with its subsidiaries, operates as a building and construction company in the Nordic countries. The company engages in the design, construction, and refurbishment of roads, bridges, tunnels, harbors, coastal and cloudburst protection, and large treatment plants; and construction of shell structures and other concrete-related projects. It is also involved in the construction of head offices, super-hospitals, distinctive residential buildings, and educational institutions; small high-density/low-rise residential building projects; and urban areas with integrated housing, offices, institutions, and shops. In addition, the company engages in building offshore and steel bridges; operation and maintenance of buildings; electrical engineering and service activities; production of prefabricated modular buildings; hiring out of specialist equipment, such as cranes, hoists, pavilions, and site accommodation; and the construction, maintenance, and servicing of Thule Air Base for the US Air Force. Further, it is involved in the production and sale of concrete sleepers. The company is based in Gentofte, Denmark.

30 Employees
Last Reported Date: 05/13/15

hojgaard hldg-b shares (HOEJB) Top Compensated Officers

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hojgaard hldg-b shares (HOEJB) Key Developments

MT Højgaard Enters into Contract with Silicor Materials to Build 121,000 Square Metres Production Plant

MT Højgaard entered into a contract with Silicor Materials to build a 121,000 square metres production plant in the industrial area Grund-artangi, 40 kilometres from Reykjavik, Iceland. The plant will be used for production of silicon to be used in solar cells. For more than a year, MT Højgaard has worked with Silicor to optimise the construction project. In addition to construction, MT Højgaard will be responsible for project design, planning and consulting. The design phase will now begin based on documents prepared during the negotia-tion period. Construction is scheduled for completion in 2018. The production plant will be MT Højgaard's first project in Iceland in recent years. It will strengthen the company's North Atlantic division, which is already active in Greenland and the Faroe Islands. The contract is worth approximately DKK 1.5 billion, and is subject to the condition that Silicor Materials' complete financing is formalised, a process which can now be finalized. The project is expected to have a positive effect on MT Højgaard's consolidated revenue and earnings during the term of the project, but it will not have any impact on the company's current financial guidance.

MT Højgaard Wins Contract for Major Hospital Building in Aalborg, Denmark

MT Højgaard has won a tender from the North Denmark Region to build a 155,000 square meter shell structure for the New University Hospital in Aalborg, Denmark. The contract is worth about DKK 560 million.

Højgaard Holding A/S Announces Group Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Højgaard Holding A/S announced group earnings results for the first quarter ended March 31, 2015. The group’s revenue was DKK 18.4 million against DKK 19.6 million for the same period last year. Operating profit was DKK 2.7 million compared to DKK 3.0 million a year ago. The group recorded a profit before tax of DKK 15.9 million, compared to a loss before tax of DKK 124.2 million for the same period in the previous year. The improved results, compared to the same period last year, can be attributed to the fact that in 2014 the results for the jointly controlled enterprise MT Hojgaard included special items for the first quarter of 2014 which amounted to a loss of DKK 195 million, and which related to old offshore dispute cases. Profit after tax was DKK 15.4 million against loss after tax of DKK 124.8 million a year ago. Cash flow from operating activities was DKK 1.9 million against cash flow used in operating activities of DKK 1.2 million a year ago. Profit per diluted share was DKK 3.7 against loss per diluted share of DKK 29.7 a year ago. Book value per share was DKK 89 against DKK 100 a year ago. Return on equity was 4% against negative of 26% a year ago. The group’s interest bearing debt was DKK 54 million against DKK 53 million as at December 31, 2013. At March 31, 2015, the group’s net interest bearing debt amounted to DKK 48 million, compared to a debt of DKK 50 million at December 31, 2014. For 2015, in addition to share of 54% in the MT Højgaard group’s profit after tax and minority interests, the Højgaard Holding group still expects a small positive result before tax.


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