Earnings release
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6/27/23 , 10:14 AM Dovre Source : Dovre Group Oyj October 27 , 2021 01:45 ET Print - DOVRE GROUP TRADING STATEMENT JANUARY 1 – SEPTEMBER 30 , 2021 Dovre's net sales and operating profit increase ... DOVRE GROUP TRADING STATEMENT JANUARY 1 - SEPTEMBER 30 , 2021 Dovre's net sales and operating profit increased in Q3 . Positive profit warning - raises guidance for 2021 GROUP Dovre Group Plc Stock exchange release October 27 , 2021 at 8.45 a.m. DOVRE GROUP TRADING STATEMENT JANUARY 1 - SEPTEMBER 30 , 2021 Dovre's net sales and operating profit increased in Q3 . Positive profit warning - raises guidance for 2021 Dovre Group Plc issues today a trading statement for the nine months ended on September 30 , 2021. The figures presented in this trading statement are not audited . Last year's corresponding period in parentheses . July - September 2021 • Net sales EUR 46.5 ( 16.5 ) million - increase 181.7 % ● • Profit for the period EUR 1.5 ( 0.4 ) million - increase of 306.6 % Earnings per share EUR 0.014 ( 0.004 ) Project Personnel : net sales EUR 19.4 ( 13.4 ) million - increase 44.0 % o Consulting : net sales EUR 3.3 ( 3.1 ) million – increase 7.3 % o Renewable Energy : net sales EUR 23.9 ( - ) million Operating profit EUR 2.7 ( 0.6 ) million - increase 340.3 % Dovre Group announced on August 16 , 2021 , the acquisition of eSite Industrial Reality Capture business from Fortum . The transaction expanded Dovre's offering in project consulting . January - September 2021 • Net sales EUR 100.4 ( 59.7 ) million - increase 68.3 % o Project Personnel : net sales EUR 53.4 ( 48.9 ) million –- increase 9.2 % o Consulting : net sales EUR 11.9 ( 10.8 ) million - increase 10.9 % o Renewable Energy : net sales EUR 35.0 ( - ) million ( April - September ) ● Operating profit EUR 4.3 ( 1.8 ) million - increase 144.0 % . The item includes EUR 0.1 million of non - recurring costs related to Suvic - acquisition . • Profit for the period EUR 2.5 ( 1.5 ) million - increase of 71.2 % Earnings per share EUR 0.024 ( 0.014 ) • Net cash flow from operating activities EUR 1.2 ( 2.0 ) million • Dovre Group strengthened its renewable energy expertise by acquiring 51 % of Suvic Oy , a Finnish windmill park construction and construction design company , on https : //www.globenewswire.com/en/news-release/2021/10/27/2321338/0/en/DOVRE-GROUP-TRADING-STATEMENT-JANUARY-1-SEPTEMBER-30-2021 -... 1/6