Core Insights - Enemærke & Petersen, a business unit of MT Højgaard Holding, has secured a significant refurbishment contract for the 3B Folehaven area, valued at DKK 1,033 million, marking it as the second largest refurbishment project in the company's history [1][6] - The project aims to modernize 972 housing units in Valby, with a master plan that includes extensive renovations and sustainability certifications, positioning it as Denmark's largest sustainability-certified public housing department [4][3] Project Details - The refurbishment will commence in September 2026 and is expected to be completed by March 2031, following a standstill period that ends on November 10, 2025 [2][1] - Key renovations include new roofs, upgraded plumbing and electrical systems, improved ventilation, and the construction of 60 new penthouses [3][4] Market Position - This contract reinforces Enemærke & Petersen's strong market position in the social housing refurbishment sector, with ongoing involvement in approximately 40 projects across the country [6] - The company emphasizes its experience in comprehensive refurbishments and project management, indicating a robust operational capability [5] Financial Outlook - The new order is not expected to impact MT Højgaard Holding's financial outlook for 2025, with projected revenues between DKK 10-10.5 billion and an operating profit (EBIT) of DKK 400-450 million [7]