Brødrene Hartmann A/S provided earnings guidance for the year 2022. Based on the development in the first half of the year and the effect of pricing actions, Hartmann maintains expectations of growing reported revenue to DKK 2.9- DKK 3.3 billion and generating a profit margin of 2-7%. Guidance is maintained despite the reclassification of the group's Russian activities as discontinued operations and under the assumption that the supply of natural gas to all factories is sustained throughout the year.

While earnings and profit margin are expected to be negatively impacted by continued high prices of recycled paper and energy as well as rising inflation, Hartmann will continue to alleviate these effects through efforts to adjust selling prices, improve the overall price and product mix, and reduce the cost level. Price adjustments will, however, continue to be implemented at a certain time lag.