MT Højgaard Holding: E&P unit announces partnership project worth up to DKK 512m - ABG

E&P in wins tender in collaboration with close partners
No impact on financial guidance


We currently forecast Q4'23 order intake of DKK 770m

MT Højgaard Holding (MTHH) has today (Wednesday) announced that its Enemærke & Petersen (E&P) unit in collaboration with a group comprising an architectural firm, a consulting engineer and landscaping architect (more or less the same group as in the TRUST partnership) has won a tender with Hørsholm Kommune north of Copenhagen, worth up to DKK 512m, for the renovation and expansion of kindergardens, schools, etc. over the course of the next 4-6 years. Today's announcement does not impact MTHH's FY'23 guidance, and we currently (before the announcement of this order) forecast Q4'23 order intake in the Enemærke & Petersen division of DKK 770 (see table below)

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/mt-hojgaard-holding/Equity-research/2023/10/mt-hojgaard-holding---ep-unit-announces-partnership-project-worth-up-to-dkk-512m/