IC Group A/S revised earnings guidance for the financial year 2018. Based on the preliminary figures for the financial year 2018, the group expects its earnings for the year under review to be realized at an EBIT margin of approximately 7% (most recent outlook stated; "approximately 6%", the original outlook in respect of the annual report 2016/17 stated; "approximately 5%"). This upward revision is primarily attributable to the lower than expected cost level in Tiger of Sweden as well as further cost savings in IC Group's corporate functions during fourth quarter of 2018. All other previously announced expectations for the financial year 2017/18 remain unchanged. The Group still expects to realize a minor revenue reduction compared to the financial year 2017.