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Regulatoriskt pressmeddelande

Lauritz.com Group A/S – Updated guidance for 2022

Lauritz.com Group

  

No. 9/2022

Copenhagen, 23 December 2022

 

During the second half of 2022 Lauritz.com has continued to reduced cost. For the full year we expect a reduction of 16-18% compared to last year.

Due to the cost savings, we are expecting EBITDA to remain within the previous guidance.

The impact of the cost savings is partly offset by the macroeconomic development with a large increase in consumer prices which has reduced spending power among customers and resulted in a decline in Auction Turnover and Revenue.

Based on the above the guidance for 2022 is changed to:

  • Growth in Auction Turnover of -10 to -8 percent (previous guidance -5 to +5 percent growth).
  • Growth in Revenue of -15 to -12 percent (previous guidance -5 to +5 percent growth).
  • EBITDA of DKK 5 to 10m (previous guidance 5 to 10m).

 

 

Bengt Sundström, Chairman of the board

Mette Margrethe Rode Sundstrøm, CEO

Preben Vinkler Lindgaard, CFO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For press enquiries, please contact:

Christina Riis Hansen

E-mail: press@lauritz.com

 

 

 

For other enquiries, please contact:

Preben Vinkler Lindgaard

CFO

E-mail: Preben@lauritz.com

 

 

 

Certified Adviser: Erik Penser Bank AB

Telephone number: +46 8-463 83 00

E-mail: certifiedadviser@penser.se

 

Market place: Nasdaq First North Growth Market Stockholm

 

 

 

This information is information that Lauritz.com Group A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 16.45 pm CET on 23 December 2022.


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