Workplace and facility service solutions

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Interim report for 1 January – 30 June 2025
Globenewswire· 2025-08-12 05:30
Financial Performance - The company reported organic growth of 3.8% in Q2 2025 and 4.1% in H1 2025, compared to 5.8% and 5.9% in the same periods of 2024, respectively, driven mainly by price increases and projects [5] - The operating margin before other items improved to 4.2% in H1 2025 from 4.0% in H1 2024 due to continued operational improvements [5] - Free cash flow improved to DKK (0.5) billion in H1 2025 from DKK (1.1) billion in H1 2024, attributed to increased operating profit and better changes in working capital [5] Business Developments - The company secured six new large key account contracts, each with annual revenue exceeding DKK 100 million, along with several smaller and mid-sized local contracts [5] - The company announced expansions and wins of 14 contracts, each contributing additional annual revenue of more than DKK 100 million [4] - The final oral hearing in the arbitration proceedings with Deutsche Telekom occurred in mid-July, with a ruling by the Tribunal pending [5] Capital Distribution and Outlook - The second tranche of the share buyback program was increased by DKK 500 million to DKK 1,750 million, bringing the total program to DKK 3.0 billion [5] - The company established a Euro-Commercial Paper (ECP) program with a maximum principal value of EUR 900 million for efficient short-term financing [5] - The 2025 outlook remains unchanged with expectations of organic growth of 4-6%, an operating margin above 5%, and free cash flow exceeding DKK 2.4 billion [5]
Conclusion of first tranche of share buyback programme
Globenewswire· 2025-08-11 09:02
Core Viewpoint - ISS has successfully completed the first tranche of its share buyback program, acquiring a total of 7,409,554 shares for DKK 1,250 million, aimed at redistributing excess cash to shareholders and fulfilling obligations from share-based incentive programs [1][2]. Group 1: Share Buyback Program Details - The share buyback program was initiated on 20 February 2025, with the goal of reducing share capital and meeting obligations from share-based incentive programs [1][2]. - As of the last announcement, ISS had accumulated 7,190,833 shares at an average purchase price of DKK 168.19, totaling DKK 1,209,410,651 [2]. - The transactions conducted from 4 August 2025 to 8 August 2025 included purchases of 45,664 shares at DKK 186.32, 61,521 shares at DKK 186.06, 70,000 shares at DKK 185.21, 25,000 shares at DKK 184.92, and 16,536 shares at DKK 184.30 [2]. - Following these transactions, ISS A/S now holds a total of 6,507,633 treasury shares, representing 3.74% of the total share capital [2]. Group 2: Regulatory Compliance - The share buyback program is conducted in compliance with Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, ensuring adherence to the Market Abuse Regulation [3]. Group 3: Company Overview - ISS is a leading global provider of workplace and facility service solutions, focusing on enhancing employee engagement and well-being while minimizing environmental impact [4]. - The company employs over 325,000 individuals worldwide and reported a group revenue of DKK 83.7 billion in 2024 [4].
ISS A/S reduces treasury shares to less than 5% of share capital
Globenewswire· 2025-05-12 06:32
Core Points - ISS A/S has reduced its treasury shares to less than 5% of its total share capital, currently holding 3,087,915 treasury shares of nominally DKK 1 [1][2] - This reduction in treasury shares is a result of a share capital reduction approved during the Company's Annual General Meeting on April 11, 2024 [2] Company Overview - ISS is a leading global provider of workplace and facility service solutions, focusing on enhancing employee engagement and well-being while minimizing environmental impact [3] - The company employs over 325,000 individuals worldwide, referred to as "placemakers" [3] - In 2024, ISS reported a group revenue of DKK 83.7 billion [3]