Denmark's HusCompagniet Q3 revenue rises on higher pricing , maintains 2026 outlook
Overview
Denmark homebuilder's Q3 revenue rose 3% yr/yr; 9M revenue up 13%
9M gross margin fell to 15.4% from 17.1% due to cold winter impacts
Company maintained 2026 revenue and profit guidance
Outlook
HusCompagniet maintains 2026 revenue guidance at DKK 3.0-3.3 bln
Company expects 2026 EBITDA before loss from divestment of subsidiaries at DKK 70-130 mln
Company cites low visibility, market volatility and geopolitical tensions as weighing on 2026 outlook
Result Drivers
ORDER BACKLOG AND PRICING - Co said revenue growth was supported by execution of order backlog, higher average selling prices, and more deliveries in Denmark
SEMI-DETACHED RECOVERY - Semi-detached segment saw improved performance due to stabilisation and progress on challenged B2B projects
WINTER IMPACTS - 9M gross margin fell due to measures taken during the unusually cold winter
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | DKK 813 mln | DKK 774.50 mln (2 Analysts) |
Q3 EBIT | DKK 21 mln | ||
Q3 EBITDA | DKK 33 mln | ||
Q3 EBITDA Margin | 4.00% | ||
Q3 EBIT Margin | 2.60% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "buy"
Wall Street's median 12-month price target for HusCompagniet A/S is DKK28.00, about 20.7% above its November 5 closing price of DKK23.20
Reuters Recommended Reads
Nov 5 - Residential developer Selvaag Bolig 9M sales hit record on project demand
Nov 5 - Sweden's Skanska Q3 revenue beats on construction segment growth
Nov 5 - Swedish construction firm Wästbygg Q3 revenue falls on lower volumes
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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.)