Robust financial performance in 2025 in line with expectations. ISS initiates a new share buyback programme of DKK 2.5 billion

Financial Performance Update - ISS reported a total revenue of DKK 85 billion in 2025, an increase of nearly DKK 1 billion compared to the previous year, despite facing currency headwinds [5] - Organic growth for 2025 was 4.3%, down from 6.3% in 2024, with H2 2025 showing a growth of 4.4% compared to 6.6% in H2 2024, primarily driven by price increases and positive volume growth [5] - The operating margin before other items remained stable at 5.0% for 2025, with H2 2025 at 5.8%, slightly down from 6.0% in H2 2024 due to commercial investments in the US [5] Business Update - ISS secured ten significant new contracts and expanded ten existing partnerships, each contributing over DKK 100 million in new annual revenue, enhancing its market position [5] - The retention rate improved from 93% in 2024 to 94% in 2025, indicating stronger customer loyalty [5] - Two contracts were reduced in scope, and one was lost during the year [5] Capital Distribution and Outlook - The company announced a new share buyback program of DKK 2.5 billion following the completion of a previous program of DKK 3.0 billion [5][6] - Financial leverage at the end of 2025 was 2.3x, within the target range of 2.0x to 2.5x [5] - For 2026, ISS expects organic growth to exceed 5% and operating margin to be above 5%, with reported free cash flow anticipated to be above DKK 2.5 billion [5]