Højgaard Holding A/S reported group earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of DKK 837 million compared to DKK 1,368 million a year ago. Operating loss was DKK 35 million compared to DKK 78 million a year ago. Loss before tax was DKK 35 million compared to DKK 78 million a year ago. Loss after tax was DKK 29 million compared to DKK 59 million a year ago. Cash flow to operating activities was DKK 53 million compared to DKK 92 million a year ago. Loss per share was DKK 6.9 compared to DKK 14.1 a year ago. Book value per share was DKK 116 compared to DKK 173 a year ago. Return on equity for the period was negative 5.7% compared to 7.8% a year ago. The decrease in the loss before tax compared to the same period a last year can be attributed to the improved development in MT Højgaard's earnings performance.

The company provided earnings guidance for the full year 2013. For the full year 2013, the company expects revenue to be at the level Of DKK 3.8 billion, with a small positive result before tax.