DLH will sell its inventory in Antwerp, serving the Belgian, Dutch and German markets, during 2014.
"The move is part of the effort to optimise the group’s total earnings and the desire to reduce working capital, which currently accounts for approximately DKr100m for the markets in question," DLH said in a statement.
Closure of the operations in Belgium, the Netherlands and Germany has no impact on DLH’s outlook for 2013. The company is predicting a turnover this year of around DKr2.2bn and a loss before interest and tax of DKr30-40m.
