20.04.2016 - Company announcement

Aarsleff company renews contract with TDC Group

The Aarsleff Group’s subsidiary Petri & Haugsted AS has signed a contract with TDC Group for the execution of fibre connections and error corrections of the fibre network in all of Denmark.

The contract will be carried out by the consortium Fiber & Anlæg I/S which is a collaboration between Petri & Haugsted, Eltel Networks A/S and Munck Forsyningsledninger A/S.

The contract will be valid for the next three years from 1 July 2016. Petri & Haugsted’s share of the contract is expected to be approx. DKK 370 million during the contract period.

With the contract, the collaboration between the consortium Fiber & Anlæg I/S and TDC Group will continue, as the parties signed a similar five-year contract in 2011.

The contract does not affect Aarsleff's earnings expectations for the financial year 2015/2016.