Outlook
The outlook for 2022/23 is subject to unusually high uncertainty related to consumer sentiment due to high inflation, increasing interest rates and the war in Ukraine, which has increased the risk of recession. Furthermore, there is higher geopolitical uncertainty and risk related to current and potential future regional COVID-19 related lockdowns in China. The company's outlook for the financial year 2022/23 is as follows:
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Outlook 2022/23 |
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Revenue growth (in local currencies): |
-4% to 5% |
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EBIT margin before special items |
-2% to 3% |
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Free cash flow (DKKm) |
-50 to 100 |