Apr 09, 2013. /Lesprom Network/. DLH is holding its Annual General Meeting. In his report, the Chairman will announce that 1Q delivered a lower turnover compared to 1Q 2012. Turnover totalled DKK 486 million ($85 million) compared to DKK 622 million ($109 million) in 2012. This is due to a generally lower level of activity combined with an unusually long winter in Europe in 2013, as the company said in a press release received by Lesprom Network.

EBIT is expected to be in the region of minus DKK -15 million ($2.6 million) compared to DKK 2.6 million ($0.5 million) in 2012. The final result for 1Q 2013 will be published on May 15, 2013.

The Chairman will furthermore confirm that the company maintains its outlook for 2013 for turnover and results on a par with last year (2012: turnover DKK 2,419 million ($423 million) and EBIT DKK -8 million ($1.4 million), subject to a positive change in the general activity level in the coming months.

DLH is a Danish owned group quoted on the Copenhagen Stock Exchange and since 1908 trading in timber and wood products all over the world.