Workflow
H1, 2025 Reporting
Globenewswireยท2025-08-20 09:47

Core Insights - The H1 2025 report indicates stronger performance compared to H1 2024, with improvements in topline, margins, bottom-line, and inventories [2][6] - Glunz & Jensen Holding A/S is currently unable to assess the impact of trade tariffs on demand and profitability for the remainder of 2025 [2][3] Financial Performance - Revenue for H1 2025 reached DKK 74.5 million, up from DKK 64.9 million in H1 2024 [6] - Gross profit increased to DKK 19.6 million in H1 2025, with a gross profit margin of 26.3%, compared to DKK 15.0 million and 23.1% in H1 2024 [6] - EBITDA for the period was DKK 9.5 million, significantly higher than DKK 4.1 million in H1 2024 [6] - Profit before tax for H1 2025 was DKK 6.3 million, compared to DKK 1.0 million in H1 2024, resulting in an EPS of DKK 2.7 versus DKK 0.4 [6] Strategic Initiatives - The improved margins are attributed to the implementation of Plan-2026, which focuses on operational consolidation, purchasing strategies, new market exploration, updated go-to-market approaches, product launches, and organizational adjustments [6] - Plan-2026 is reported to be on track [6] Asset Management - Following a mandate from the annual general meeting, Glunz & Jensen has initiated a formal review process for the potential sale of Selandia Park A/S or its assets, with market assessments and identification of potential buyers underway [4]