In February 2021, Flügger raised its expectations for both revenue and earnings for the fourth time in the 2020/21 financial year. This update followed a significant sales increase in the first half of the year and continued revenue growth in the following months.
Earnings expectations rose to DKK 215–235 million, equal to an EBIT margin of 10–11 % — nearly double the original forecast announced in June 2020. At the same time, revenue expectations increased to DKK 2,100–2,150 million.
