PRESS RELEASE Q3 201929.10.2019 News
A strong quarter with solid revenue and EBITDA growth
The third quarter was a very busy quarter for Haarslev. Revenue reached EUR 53 million, an increase of 9% compared to 2Q-19. Haarslevs EBITDA was up by 53% QoQ and the margin was 10% for the third quarter.
Orders received were EUR 43 mln despite the timing of some larger projects shifting slightly. These projects have materialized and been booked in October.
In the last 5 years Haarslev has won more than 75% of all greenfield projects and in 2019 we have won all projects considered as strategic.