Højgaard Holding A/S
MT Højgaard’s old offshore litigations brought to an end

Højgaard Holding A/S 

12.10.2014 19:43

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Enclosed please find MT Højgaard A/S's release of 12 October 2014 regarding The
MT Højgaard group being ordered to pay partial damages in recent litigation. 

With this ruling and a positive ruling in another offshore case, the last of MT
Højgaard's old arbitration and court cases within the offshore area have been
decided. Accordingly, the MT Højgaard group expects that special items will
amount to approx. DKK -400 million as opposed to previously DKK -195 million. 

MT Højgaard's management still expects an operating profit (EBIT) in 2014 of
DKK 150-225 million before above special items. 

Højgaard Holding A/S holds an ownership interest of 54 % in MT Højgaard.

For 2014, in addition to our 54% share in the MT Højgaard group's profit after
tax and minority interests, the Højgaard Holding group still expects a small
positive result before tax. 

The projections concerning future financial performance are subject to
uncertainties and risks that may result in a development that deviates
substantially from what is expected. 



Best regards,       
Højgaard Holding A/S
Ditlev Fløistrup    
CEO                 




         Contacts: 	Torben Biilmann, president and CEO, MT Højgaard, tel. +45
2270 9020 
         Ditlev Fløistrup, CEO, Højgaard Holding, tel. +45 4520 1500
         Søren Bjerre-Nielsen, chairman of the board, Højgaard Holding, tel.
+45 4520 1500
News Source: NASDAQ OMX



12.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Højgaard Holding A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010255975
WKN:          
 
End of Announcement                             DGAP News-Service
 
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