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IC Companys revenue rise 9% H1

22 Feb '07
3 min read

• Operating investments in the region of DKK 130 - 140 million are still scheduled for 2006/07. In addition capital investments of DKK 50 million are expected.
• The projection of the free cash flow is reduced to DKK 170 - 200 million from DKK 230 - 250 million.
• The previously forecast DKK 200 million share buyback remains unchanged.
• The order intake for the fall 2007 collections is progressing as planned with expected double-digit growth. The order intake will be finally closed by mid-March 2007.
• The current three-year financial goal is retained of generating revenues in the region of DKK 3,800 million, an EBIT margin of 13-15% and a free cash flow of more than DKK 400 million, and for these targets to be reached in the 2007/08 financial year.

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IC Companys A/S, Denmark

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