MT Højgaard Holding: Rønne order worth up to DKK 590m - ABG

MT Højgaard announces win of Rønne harbour phases 3 and 4No order amount included in Tuesdays press releaseTender material indicates value of to DKK 590mNo impact on FY23 guidance but contributes to 2024, '25 revenuesIn Tuesdays order announcement pertaining to the won contract for the continued expansion (phases 3 and 4) of the Rønne harbour, the parties did not disclose the order amount but according to the tender notice, phase 3 is estimated at DKK 190, while phase is estimated at DKK 400m, amounting to a total order value of DKK 590m. According to yesterday's press release, the order will contribute to revenues in 2024 and 2025. We view this as an important order for MT Højgaard as Harbour works is one of the company's legacy expertises.Läs mer på ABG Sundal Collier

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