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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Gyldendal
Gyldendal (GYLD) investor relations material
Gyldendal H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary10 Jul, 2026
Executive summary
EBIT before special items rose to 34.4m DKK in H1 2026 from 6.4m DKK in H1 2025, driven by higher publishing revenue, acquisitions, and cost control.
Revenue increased to 413.2m DKK in H1 2026 from 355.7m DKK in H1 2025, with strong growth in physical book sales and positive contributions from acquired companies.
Acquisition of Swedish publishing group Tukan completed in May 2026, strengthening market position and expected to contribute positively to future earnings.
Net profit for H1 2026 was 19.9m DKK, up from 4.0m DKK in H1 2025.
Financial highlights
EBITDA before special items reached 58.1m DKK in H1 2026, up from 41.8m DKK in H1 2025.
EBIT margin before special items improved to 8.3% from 1.8% year-over-year.
Net financial expenses increased to 3.6m DKK in H1 2026 due to new bank debt for acquisitions.
Investments in intangible and tangible assets totaled 35.3m DKK in H1 2026.
Cash flow from operations was -18.7m DKK, impacted by working capital changes and acquisition activity.
Outlook and guidance
Full-year 2026 revenue expected at 890–950m DKK (799m DKK in 2025).
EBIT margin guidance for 2026 is 8–9% (7.7% in 2025).
Leverage ratio expected to improve by year-end as Tukan's earnings contribute.
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Latest events from Gyldendal
- EBIT doubled and revenue exceeded guidance, with strong outlook for 2026.GYLD
H2 2025 - EBIT and net profit turned positive in H1 2025, supported by acquisitions and revenue growth.GYLDH1 2025
- EBIT loss narrowed and liquidity improved, with 2024 guidance reaffirmed.GYLDH1 2024
- EBIT margin rose to 4.2% on stable revenue, with strong cash flow and a proposed DKK 20/share dividend.GYLDH2 2024
Next Gyldendal earnings date
H2 20265 Feb, 2027
Gyldendal
Next Gyldendal earnings date
H2 20265 Feb, 2027
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