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MT Højgaard Holding (MTHH) investor relations material
MT Højgaard Holding Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary19 Aug, 2025
Executive summary
Stable high production and strong inflow of new orders supported Q2 2025 performance, with revenue and operating profit aligning with expectations and improved results after winding up loss-making international activities.
Net income more than doubled year-over-year, and cash flows from operating activities improved.
Strategic focus included ongoing portfolio simplification, integrating property development, and progressing the sale of remaining international assets.
Financial highlights
Q2 2025 revenue was DKK 2,675 million, nearly flat year-over-year; EBIT was DKK 100 million, down from DKK 124 million in Q2 2024.
H1 2025 revenue reached DKK 5,300 million, up from DKK 4,958 million in H1 2024.
Net income for H1 2025 was DKK 126 million, more than doubling from DKK 54 million in H1 2024.
Gross margin increased to 8.2% YTD, up 1.4 percentage points year-over-year.
Order book at end of June was DKK 11.6 billion, with total order portfolio (including awarded but not contracted) at DKK 23 billion.
Outlook and guidance
2025 outlook maintained with expected revenue of DKK 10.0–10.5 billion and EBIT of DKK 400–450 million.
94% of the year's contract revenue was secured by end of June.
Non-recurring income and loss from discontinued operations expected to be significantly lower than 2024.
What is driving the expected EBIT improvement at E&P?
Assess the impact of new climate requirements.
Detail the strategy for western Denmark activities.
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Next MT Højgaard Holding earnings date
Q3 202512 Nov, 2025
Next MT Højgaard Holding earnings date
Q3 202512 Nov, 2025
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Frequently asked questions
MT Højgaard Holding A/S is a Denmark-based construction and civil engineering company. It operates through a range of subsidiaries that focus on large-scale infrastructure projects, including the construction of buildings, bridges, roads, and tunnels. The company provides services in the development, design, and construction of commercial, residential, and industrial properties, as well as urban development projects. MT Højgaard Holding also engages in renovation projects and offers expertise in sustainability and energy-efficient solutions. Its operations span various sectors, such as transport, energy, and utilities. The company is headquartered in Søborg, Denmark, and its shares are listed on the Copenhagen Stock Exchange.
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