Core Viewpoint - Trifork Group AG has published its financial calendar for the year 2026, outlining key reporting dates for the upcoming year [1][2]. Financial Reporting Schedule - Q4 & Annual Report 2025 is scheduled for release on 27 February 2026 [2]. - The Annual General Meeting for 2026 will take place on 17 April 2026 [2]. - The Q1 Report for 2026 is set to be published on 5 May 2026 [2]. - The Q2 & Half-Year Report for 2026 will be available on 17 August 2026 [2]. - The Q3 Report for 2026 is expected to be released on 30 October 2026 [2]. - Financial reports are anticipated to be published around 07:00 CET on the specified dates [2]. Company Overview - Trifork is a pioneering global technology company listed on Nasdaq Copenhagen under the ticker TRIFOR [3]. - The company employs 1,197 individuals across 16 countries, focusing on advanced software solutions for various sectors including public administration, healthcare, financial services, energy, and aviation [3]. - Trifork Labs, the Group's R&D division, is dedicated to innovation by investing in and developing synergistic, high-potential technology companies [3].

Core Points - Trifork Group AG reported transactions made by persons discharging managerial responsibilities, including the acquisition of shares by Blackbird II ApS and the sale of shares by CEO Jørn Larsen [1][2][3]. Group 1: Transactions - Blackbird II ApS, closely associated with CEO Jørn Larsen, acquired 35,960 shares at a price of 82.6578 DKK on November 6, 2025 [2]. - CEO Jørn Larsen sold 35,000 shares at a price of 82.70 DKK on November 6, 2025, transferring them to Blackbird II ApS [3]. Group 2: Company Overview - Trifork Group is a global technology company with 1,197 employees across 71 business units in 16 countries, specializing in advanced software for various sectors including public administration, healthcare, and financial services [4]. - The company's R&D arm, Trifork Labs, focuses on innovation by investing in high-potential technology companies [4].

Core Insights - Trifork Group reported a Q3 revenue growth of 4.7% with improved profit margins, driven by significant contract wins and a focus on product and platform development [1][4][6] - The company secured an eight-year contract worth EUR 20 million with the Danish Health Data Authority, highlighting its capability in building secure national systems [2] - Trifork is leveraging AI to enhance operational efficiency and deliver value to clients, engaging in discussions with large organizations to unlock underutilized data [3] Financial Performance - In Q3 2025, Trifork Group's revenue reached EUR 49.3 million, a 4.7% increase from Q3 2024, entirely organic [6] - Adjusted EBITDA for Q3 2025 was EUR 7.4 million, resulting in a margin of 15.0%, up from 11.3% in Q3 2024 [6] - EBIT for Q3 2025 amounted to EUR 3.4 million, with a margin of 6.9%, compared to 2.4% in Q3 2024 [6] Segment Performance - The Trifork Segment's adjusted EBITDA was EUR 7.9 million in Q3 2025, with a margin of 16.0%, up from 12.3% in Q3 2024 [6] - Revenue from the Inspire sub-segment increased by 9.7% to EUR 0.9 million, while the Build sub-segment saw a decline of 2.7% to EUR 33.6 million [6] - The Run sub-segment experienced a revenue increase of 27.3% to EUR 14.8 million, with an adjusted EBITDA margin of 32.2% [6] Future Outlook - The financial outlook for full-year 2025 has been narrowed, with revenue expected between EUR 217.5 million and EUR 222.5 million, indicating total growth of 5.6% to 8.0% [5][13] - Organic revenue growth is anticipated in the range of 4.2% to 6.6% [13] - Adjusted EBITDA for the Trifork Segment is projected to be between EUR 32.0 million and EUR 34.5 million [13]

Core Insights - Trifork Group AG has completed the divestment of 51.0% of Trifork Security A/S to Wingmen Solutions ApS, reducing its ownership from 84.6% to 41.5% [1][3] - The transaction received regulatory approval on 27 October 2025, and the final transfer of ownership was completed shortly thereafter [2] - Trifork Security A/S will be deconsolidated from Trifork Group as of 30 October 2025, and the minority ownership will be reported as a Trifork Labs investment [3] Financial Impact - The deconsolidation of Trifork Security A/S is expected to impact Trifork Group's full-year 2025 results, with specific financial metrics reported as follows: Group revenue at EUR -1 million, Segment adjusted EBITDA at EUR 0 million, and Group EBIT at EUR +3 million [7]

Core Insights - Trifork Group reported a Q2 revenue growth of 5.1%, driven by strong performance in product segments and public sector engagements [1][5] - The company maintains its financial guidance for 2025 despite facing one-off costs affecting profitability in the first half of the year [3][6] Revenue Performance - In Q2 2025, Trifork Group's revenue reached EUR 55.1 million, reflecting a 5.1% increase from Q2 2024, with organic growth of 2.9% and inorganic growth of 2.2% [5] - The product-based segment, Run, saw a significant revenue increase of 51.6% to EUR 19.3 million, contributing 33.6% to total revenue [1][5] Public Sector Growth - The public sector business experienced a robust growth of 19.1% in the first half of 2025, now accounting for 39.7% of total revenue [2] - Trifork won 11 out of 13 tenders during this period, indicating a strong competitive position [2] Profitability and Costs - Profitability in the first half of 2025 was impacted by one-off costs related to rightsizing initiatives and pre-sales efforts, with benefits expected to materialize in the second half [3] - Adjusted EBITDA for Q2 2025 was EUR 5.2 million, with a margin of 9.4%, down from 11.0% in Q2 2024 [5] Segment Performance - The Inspire segment's revenue declined by 40.1% to EUR 1.4 million, while the Build segment's revenue decreased by 7.8% to EUR 34.3 million [5] - Adjusted EBITDA margin for the Build segment was 9.1%, down from 13.0% in Q2 2024 [5] Financial Outlook - The financial outlook for the full year 2025 remains unchanged, with expected revenue in the range of EUR 215-225 million, indicating total growth of 4.4-9.3% [11] - Organic revenue growth is anticipated to be between 2.9-7.8%, with adjusted EBITDA in the Trifork Segment projected to be EUR 32.0-37.0 million [11]

Core Points - Netic A/S, a subsidiary of Trifork, has secured an 8-year contract with the Danish Health Data Authority valued at approximately EUR 20 million (DKK 150 million) to manage operations for the National Service Platform (NSP) and the Shared Medication Record (FMK) [1][2][7] - The contract emphasizes the consolidation of data center operations onto a new shared infrastructure and application operations for NSP, highlighting a focus on modernizing the operating model and strengthening security [2][3] - The Danish Health Data Authority has set strict requirements for data security and national sovereignty, ensuring that all data remains within Denmark to comply with data protection laws [3][4] Company Overview - Netic A/S is recognized as a leading provider of secure and nationally critical IT operations in Denmark, focusing on business-critical IT operations with high compliance and uptime requirements [8][9] - The company operates data centers located in Denmark, ensuring that customers' data and applications are managed securely and in compliance with GDPR [9] Partnership Dynamics - The contract is described as a partnership rather than just an operations contract, with an emphasis on establishing a strong, open, and mutually binding collaborative relationship between Netic and the Danish Health Data Authority [5][6] - The Deputy Director of the Danish Health Data Authority expressed the intention to modernize and future-proof the operations of NSP and FMK for the benefit of citizens and healthcare professionals in Denmark [6]

Core Viewpoint - Trifork Group has initiated a share buyback program, which is set to run from March 4, 2025, to June 30, 2025, with a total budget of DKK 14.92 million (approximately EUR 2 million) [1][2]. Group 1: Share Buyback Program Details - The share buyback program allows Trifork to purchase shares totaling up to DKK 14.92 million, with prior holdings of 256,329 treasury shares, representing 1.3% of the share capital [2]. - As of June 30, 2025, a total of 133,524 shares have been repurchased at an average price of DKK 89.41, amounting to DKK 11,938,437 [2][3]. - The number of shares bought back on June 12, 2025, was corrected from 1,900 to 1,800 [2]. Group 2: Utilization of Repurchased Shares - On specific dates (March 25, April 25, May 23, and June 25, 2025), 5,739 shares from the buyback program were used for the Executive Management's monthly fixed salary, transitioning from cash to partial share payment [4]. - Additionally, on April 1 and June 30, 2025, 20,306 shares were utilized for the RSU plan for Executive Management and certain employees [4]. Group 3: Current Treasury Shares and Outstanding Shares - Following the transactions, Trifork now holds a total of 363,808 treasury shares, which is 1.8% of the total registered shares of 19,744,899, resulting in 19,381,091 outstanding shares after adjusting for treasury shares [5].

Core Viewpoint - Trifork Group has initiated a share buyback program to repurchase shares, which is expected to enhance shareholder value and provide flexibility in managing capital structure [1][2]. Group 1: Share Buyback Program Details - The share buyback program commenced on 4 March 2025 and will continue until 30 June 2025, with a total budget of DKK 14.92 million (approximately EUR 2 million) [1][2]. - As of the latest report, Trifork has repurchased a total of 131,824 shares for a total amount of DKK 11,780,821, with an average purchase price of DKK 89.37 [2]. - The company held 256,329 treasury shares prior to the buyback, which represented 1.3% of the share capital [2]. Group 2: Utilization of Repurchased Shares - Shares acquired through the buyback program have been utilized for executive management's monthly fixed salary and for the RSU plan, indicating a shift from cash payments to share-based compensation [3]. - Specifically, 5,739 shares were used for salary payments on four occasions, and 19,943 shares were allocated for the RSU plan on 1 April 2025 [3]. Group 3: Current Treasury Shares and Outstanding Shares - Following the buyback transactions, Trifork now holds a total of 363,840 treasury shares, which corresponds to 1.8% of the total registered shares [4]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,381,059 outstanding shares after adjusting for treasury shares [4].

Core Viewpoint - Trifork Group has initiated a share buyback program with a total budget of DKK 14.92 million (approximately EUR 2 million), running from 4 March 2025 to 30 June 2025 [1][2]. Share Buyback Program Details - The share buyback program allows Trifork to purchase shares, with 82,174 shares repurchased so far at a total cost of DKK 7,090,659 [2]. - Prior to the buyback, Trifork held 256,329 treasury shares, which represented 1.3% of the share capital [2]. - The average purchase price for the repurchased shares is DKK 86.29 [2]. Transactions Overview - The following transactions have been made under the buyback program: - Total beginning: 74,679 shares at an average price of DKK 85.74, totaling DKK 6,403,060 - 5 May 2025: 1,500 shares at DKK 90.12, totaling DKK 135,180 - 6 May 2025: 1,297 shares at DKK 92.45, totaling DKK 119,908 - 7 May 2025: 1,700 shares at DKK 91.34, totaling DKK 155,278 - 8 May 2025: 1,600 shares at DKK 92.65, totaling DKK 148,240 - 9 May 2025: 1,398 shares at DKK 92.27, totaling DKK 128,993 [2]. Treasury Shares and Outstanding Shares - After the buyback transactions, Trifork now holds a total of 315,631 treasury shares, which corresponds to 1.6% of the total share capital [3]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,429,268 outstanding shares after adjusting for treasury shares [3]. Company Overview - Trifork is a global technology partner specializing in innovative digital solutions for enterprise and public sector customers, with 1,215 professionals across 71 business units in 16 countries [4]. - The company focuses on advanced software development across various sectors, including public administration, healthcare, and financial services [4].

Core Viewpoint - Trifork Group has initiated a share buyback program to repurchase shares, with a total budget of DKK 14.92 million (approximately EUR 2 million), running from 4 March 2025 to 30 June 2025 [1][2]. Group 1: Share Buyback Program Details - The share buyback program was launched on 4 March 2025, and as of the latest report, a total of 74,679 shares have been repurchased for DKK 6,403,060 [2]. - Prior to the buyback, Trifork held 256,329 treasury shares, which represented 1.3% of the share capital [2]. - The average purchase price of the repurchased shares is DKK 85.74 [2]. Group 2: Utilization of Repurchased Shares - On 25 March and 25 April 2025, 2,929 shares from the buyback were used for the Executive Management's monthly fixed salary, transitioning from cash to partial share payment [3]. - On 1 April 2025, 19,943 shares were utilized for the RSU plan for Executive Management and certain employees [3]. Group 3: Current Treasury Shares and Outstanding Shares - Following the transactions, Trifork now holds a total of 308,136 treasury shares, which corresponds to 1.6% of the total registered shares [4]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,436,763 outstanding shares after adjusting for treasury shares [4].