AGF (AGF) investor relations material

Executive summary

• Result before tax for the period was DKK 11.5 million, down from DKK 13.3 million year-over-year, positively impacted by a DKK 19.1 million increase in other operating income, mainly from net transfer income.

• Personnel costs rose by DKK 1.3 million to DKK 65.7 million, mainly due to administrative expansion and sports sector investment.

• Equity increased to DKK 286.3 million from DKK 239.0 million, supported by a DKK 70 million directed share issue.

• Liquidity, including securities, reached DKK 145.7 million, up from DKK 70.5 million year-over-year.

• The group leads the 3F Superliga with 40 points after the first half of the season.

Financial highlights

• Net revenue increased to DKK 103.4 million from DKK 101.4 million year-over-year, driven by higher TV and sponsor income.

• EBIT was DKK 8.6 million, down from DKK 10.4 million year-over-year.

• Net profit for the period was DKK 11.5 million, compared to DKK 13.3 million last year.

• Cash flow from operations was negative DKK 8.3 million, an improvement from negative DKK 21.2 million year-over-year.

• Directed share issue raised DKK 70 million, boosting equity and liquidity.

Outlook and guidance

• Full-year guidance remains unchanged, expecting a pre-tax loss between DKK 10 million and DKK 30 million due to an anticipated deficit in the second half.

• Management notes that actual results may deviate significantly from forecasts due to inherent uncertainties.