date:Apr 10, 2014
15 the shares, which are normally quite stable, fell 4.8 percent.
Investors were nervous that this quarter would not show a major turn-around compared to the first quarter, but it did, Alm. Brand analyst Michael Friis Jorgensen said. The Q2 numbers show that the management has executed really strongly.
Earnings before interest and tax (EBIT) before special items rose to 41.6 million euros ($57.4 million) in the quarter against a forecast of 44.2 in a Reuters poll..
The company's EBIT was 32.6