MT Højgaard Holding: The outlook looks robust - ABG

2024e-'26e EBIT raised by 5%
We are above the upper end of guidance
Strong order book and robust outlook


Updated forecast puts us ahead on EBIT outlook

We raise our 2024e-'26e sales forecasts by 2-5% due to a higher order intake, and raise EBIT by 5%. EPS for 2024e is lowered by 16% due to impact from discontinued operations (out of the books from 1 January '25e). Our updated forecasts for 2024 leave us at the upper end of the company's DKK 10-10.5bn revenue outlook and, at DKK 445m, beyond the upper end of the DKK 400-425m EBIT guidance range. As such, we believe that management will, at some point, raise its FY'24 earnings outlook.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/mt-hojgaard-holding/Equity-research/2024/8/mt-hojgaard-holding---the-outlook-looks-robust-/