DLH leverede et stærkt Q2 her til morgen inkl. en opjustering af EBITDA fra DKK 30-60m til DKK 100-110m.
Betragtes den nye guidance kan man notere sig at DKK 68m er i hus for H1 og på den baggrund ser det lidt konservativt ud. Q4 har dog sædvanligvis været meget ringe.
Guidance for omsætning fastholdes på 3,6-3,8mia. hvilket også implicerer en forventning om svagere tal i H2 end i H1 idet knap 2mia. er nået i H1.
Taget byggesektorens helbred i betragtning - CRH rapporten i går! - så er det godt med konservativ guidance.
Ikke noget nyt på salgsprocessen:
DLH is also in the process of selling off a number of other non-core activities. Its
forestry and saw mill production activities in Congo-Brazzaville and Gabon have been
put up for sale through KPMG Corporate Finance in Paris, which is running a
structured selling process: potential purchasers have already submitted preliminary
bids for the activities. In addition, a number of production facilities and port facilities have been put up for sale through various brokers.
NWC er på vej ned hvilket er meget stærkt:
Working capital
We have also endeavoured to reduce the group's working capital during the reporting
period, primarily focusing on inventory reduction. To this end, an organisation-wide
project was launched that is now showing visible signs of success. Overall, inventories
were reduced by roughly DKK 275 million relative to the same point in time last year.
Moreover, the average inventory turnover time has been reduced from 143 to 102
days. Net working capital as a percentage of revenue fell from 43% at the end of the
first six months of 2009 to 33% for the year to date. Sales and Trading, which
arecontinuing operations, reduced net working capital as a percentage of revenue
from 37 to 31%. Work in this area will continue into the second half of 2010, and we
expect additional improvements.
Jeg er fortsat overbevist om at DLH er et godt turnaround play.
Betragtes den nye guidance kan man notere sig at DKK 68m er i hus for H1 og på den baggrund ser det lidt konservativt ud. Q4 har dog sædvanligvis været meget ringe.
Guidance for omsætning fastholdes på 3,6-3,8mia. hvilket også implicerer en forventning om svagere tal i H2 end i H1 idet knap 2mia. er nået i H1.
Taget byggesektorens helbred i betragtning - CRH rapporten i går! - så er det godt med konservativ guidance.
Ikke noget nyt på salgsprocessen:
DLH is also in the process of selling off a number of other non-core activities. Its
forestry and saw mill production activities in Congo-Brazzaville and Gabon have been
put up for sale through KPMG Corporate Finance in Paris, which is running a
structured selling process: potential purchasers have already submitted preliminary
bids for the activities. In addition, a number of production facilities and port facilities have been put up for sale through various brokers.
NWC er på vej ned hvilket er meget stærkt:
Working capital
We have also endeavoured to reduce the group's working capital during the reporting
period, primarily focusing on inventory reduction. To this end, an organisation-wide
project was launched that is now showing visible signs of success. Overall, inventories
were reduced by roughly DKK 275 million relative to the same point in time last year.
Moreover, the average inventory turnover time has been reduced from 143 to 102
days. Net working capital as a percentage of revenue fell from 43% at the end of the
first six months of 2009 to 33% for the year to date. Sales and Trading, which
arecontinuing operations, reduced net working capital as a percentage of revenue
from 37 to 31%. Work in this area will continue into the second half of 2010, and we
expect additional improvements.
Jeg er fortsat overbevist om at DLH er et godt turnaround play.
Nyt frasalg.
Gevinst 10 mill.
http://www.proinvestor.com/finansnyhed/10264313/DLH-scorer-10-mio.-kr.-paa-at-saelge-hollandsk-lager
Gevinst 10 mill.
http://www.proinvestor.com/finansnyhed/10264313/DLH-scorer-10-mio.-kr.-paa-at-saelge-hollandsk-lager
