Future outlook

OUTLOOK FOR 2019

Updated outlook for 2019 (23 August 2019)

The demand for industrial cleaning services is expected to remain stable for 2019. The overall demand for demolition services is expected to remain on a reasonable level, with fewer large demolition projects than in the previous year. The market demand for recycled fuel is expected to improve to some degree during the second half of 2019.

Delete Group’s operating profit (EBIT) is not expected to reach the 2018 level.

Earlier outlook from 15 May 2019

The demand for industrial cleaning services is expected to remain stable. The demand for demolition services is expected to remain on a reasonable level supported by the somewhat resilient renovation construction market. The market demand for recycled fuel is expected to improve to some degree during 2019.

Delete Group’s operating profit (EBIT) is expected to improve in 2019.

During the first half of 2019 the Demolition Services project volume is expected to remain stable but the demand for large demolition projects is expected to decline. Furthermore, the heavy winter conditions are likely to have some adverse effect on the due execution of certain projects and sewer work volume during early 2019. Due to these reasons Delete’s profitability is expected to decline during the first half of 2019 compared to the first half of 2018.