HusCompagniet Earnings Much Worse Than Expected; Guidance Cut

• (PLX AI) - HusCompagniet Q2 revenue DKK 1,094 million vs. estimate DKK 1,255 million.
• • Q2 EBITDA DKK 76 million vs. estimate DKK 104 million
• • Q2 EBIT DKK 64 million vs. estimate DKK 93 million
• • Q2 EBIT margin 5.8%
• • Q2 EBITDA margin 6.9%
• • FY Revenue is now expected to be DKK 4,100 - 4,400 million (previously DKK 4,250 - 4,550 million)
• • EBITDA before special items is expected to be DKK 340 - 360 million (previously DKK 370-410 million)
• • Operating profit (EBIT) is expected to be DKK 265 - 290 million (previously DKK 320-360 million)