Company Announcement No. 07/2026
Chief Executive Officer Georg Brinkmann Quotes
Copenhagen, Denmark, 12 May 2026 /PRNewswire/ — “The early months of 2026 were challenging, with prolonged winter weather impacting construction activity, customer demand and plant utilisation. However, since March, we have seen a clear improvement in activity levels and trading momentum has improved. We continue to monitor geopolitical developments, particularly with respect to energy markets. Our strong local sourcing position and hedging strategy limit downside risks. Poland and the UK continue to perform in line with expectations, while in Germany we continue to outperform the region. Looking ahead, we are confident of continuing to strengthen the rate sector business, supported by our focus on operational improvements.”
Performance Highlights for Q1 2026 (Q1 2025)
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Revenue growth measured in local currencies (“organic growth”) was negative 15% (positive 3%) as a result of severe weather conditions.
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Gross profit before special items was DKK 73 million (DKK 146 million), corresponding to a gross margin of 13% (22%). This decrease is due to less use of plants.
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EBIT before special items was negative DKK 43 million (positive DKK 16 million), which corresponded to an EBIT margin before special items of negative 8% (positive 2%).
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Financial gearing was 4.1x EBITDA before special items at the end of Q1 2026 (2.7x EBITDA before special items at the end of Q1 2025).
Financial outlook for 2026 (unchanged)
Q1 2026 Interim Financial Report Conference Call
In connection with the release of the Q1 2026 interim financial report, a conference call for investors and analysts is scheduled for Wednesday May 13, 2026 at 10:00 pm CET. There will be a question and answer session after the presentation. Participants can follow the conference call via live webcast Here.
contact:
For further information please contact:
niclas bo christensen
Head of Investor Relations and Treasury
+45 24 48 03 67
niclas.kristensen@hplush.com
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