The continuing business generated revenue of DKK 396.3 million, compared with DKK 390.1 million in the same period last year. Operating profit (EBIT) was DKK 34.6 million, compared with DKK 31.7 million in the same period last year.

Gabriel Holding A/S reported 2% revenue growth in continuing operations to DKK 396.3 million with operating profit of DKK 34.6 million. The company divested its European furniture manufacturing business to Leggett & Platt post-quarter end, resulting in goodwill impairment of DKK 22.0 million. Full-year guidance for continuing operations was revised to DKK 528-532 million revenue and DKK 44-46 million EBIT. The company initiated a share buy-back programme with 59,462 treasury shares held after 9 months.