WASHINGTON (dpa-AFX) - RTX A/S cut its outlook for the financial year
2023/24.

The company now expects annual EBIT to be in the range of minus 40 million
Danish Kroner to minus 30 million Kroner compared to the prior estimation of 5
million Kroner to 20 million Kroner.

The company now projects annual EBITDA to be break even to 10 million Kroner
compared to the previous outlook of 45 million Kroner to 60 million Kroner.
The company lowered its annual revenue outlook to a range of 500 million Kroner
to 510 million Kroner from the prior estimation of 580 million Kroner - 630
million Kroner.

The company said it has not seen the expected growth in third-quarter revenue
compared to the latest quarter, and in the third quarter the company expects
revenue of 130 million Kroner. With its order book for the fourth quarter, the
company has to conclude that by the end of the financial year it will not be
back at the normalized level, which was the assumption for the Group's
originally announced outlook for 2023/24.

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rttnews.com.



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