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Q3, 2025
Globenewswireยท 2025-10-23 08:29
Core Viewpoint - The interim report for Q3 2025 indicates improved financial performance for Glunz & Jensen, attributed to the successful implementation of Plan 2026, which focuses on operational consolidation and new market strategies [3][8]. Financial Performance - Revenue for YTD Q3 2025 reached DKK 108.7 million, an increase from DKK 95.1 million in YTD Q3 2024 [8]. - EBITDA for YTD Q3 2025 was DKK 14.2 million, up from DKK 8.1 million in the same period last year [8]. - Profit before tax for YTD Q3 2025 stood at DKK 9.6 million, compared to DKK 3.4 million in YTD Q3 2024 [8]. Strategic Initiatives - Plan 2026 includes operational consolidation, a focus on purchasing parts and materials, an updated go-to-market approach, new product launches, and organizational adjustments [3]. - The company is undergoing a formal review process for the potential sale of Selandia Park A/S, including market assessments and identifying potential buyers [5][6]. Market Outlook - Glunz & Jensen will provide an updated 2025 outlook if there are material deviations from the previously communicated guidance [4]. - The company is uncertain about the impact of trade tariffs on demand for its equipment and services [4]. Asset Management - A professional broker has been contracted to facilitate the sale of Selandia Park A/S, with expectations of a selling price exceeding the current fair value of DKK 147.2 million [6]. - The Board of Directors reserves the right to wait for the optimal buyer and sales agreement, which may take 12-18 months to finalize [7].