Denmark's Broedrene A & O Johansen Q3 revenue rises 22.9%, lifts 2026 outlook
Overview
Denmark technical distributor's Q3 revenue rose 22.9% yr/yr, driven by organic and acquisition growth
Q3 EBITDA increased 28% with margin improving to 7.0% from 6.7%
Company raised full-year 2026 guidance for revenue, EBITDA and EBT
Outlook
Company raises 2026 revenue guidance to DKK 7,250–7,400 mln from DKK 7,100–7,300 mln
Company lifts 2026 EBITDA forecast to DKK 550–580 mln from DKK 530–570 mln
Company increases 2026 EBT outlook to DKK 290–320 mln from DKK 280–320 mln
Result Drivers
ORGANIC GROWTH - Co said organic revenue growth was 12.5% in Q3, exceeding its expectations
ACQUISITIONS - Acquisitions contributed 10.4 percentage points to reported revenue growth in Q3
B2B SEGMENT - B2B revenue increased by 14.4% in Q3 and gross profit margin improved
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Revenue | DKK 1.80 bln | ||
Q3 EBITDA | DKK 125.7 mln | ||
Q3 EBITDA Margin | 7.00% | ||
Q3 EBT | DKK 57.2 mln | ||
Q3 Revenue Growth | 22.9% |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)