Glunz & Jensen Holding A/S reported unaudited earnings results for the half year ended November 30, 2017. For the period, the company reported revenue of DKK 135.3 million against DKK 131.2 million a year ago. Operating profit was DKK 11.2 million against operating loss of DKK 8.0 million a year ago. Profit before tax was DKK 8.4 million against loss before tax of DKK 10.5 million a year ago. Profit attributable to equity holders of the company was DKK 6.7 million against loss attributable to equity holders of the company of DKK 8.4 million a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA) were DKK 16.3 million against loss before interest, taxes, depreciation and amortization of DKK 0.2 million a year ago. Diluted earnings per share were DKK 3.6 against diluted loss per share of DKK 5.2 a year ago. Net cash flows from operating activities was DKK 17.2 million against nil a year ago. Acquisition of intangible assets was DKK 0.6 million against DKK 3.6 million a year ago. Acquisition of items of property, plant and equipment was DKK 0.3 million against DKK 0.5 million a year ago. Net interest-bearing debt was DKK 94.7 million compared to DKK 119.7 million for the same period a year ago. Return on assets (ROIC) was 3.7% against negative return on assets of 2.4% a year ago. Return on equity (ROE) was 6.2% against negative return on equity of 6.4% a year ago. Cash flow per share (CFPS) was DKK 10.4 against nil a year ago. Book value per share (BVPS) was DKK 49.5 against DKK 78.5 a year ago.

The outlook in the company's for the ten months fiscal year 2017/18 remains unchanged with a revenue expectation at the DKK 215 million level and an EBITDA (excluding non-recurring cost and excluding fair value adjustments) at DKK 24 million.