Nordic Business Report-September 26, 2006-Spaencom A/S reports 12-month EBIT of DKK27.5m
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The Danish concrete elements supplier Spaencom A/S issued on Tuesday (26 September) its report for the financial year 2005/2006, posting an operating profit (EBIT) of DKK27.5m, as compared to a loss of DKK27.6m in the financial year 2004/2005.
The financial year 2005/2006 was the first positive year for the company in five years.
The net turnover amounted to DKK665.2m, up from DKK629.3m in the previous financial year.
Spaencom said that it expects to achieve an operating result of DKK100m in 2006/2007. The forecast includes a DKK66m gain from property sales.
One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).
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