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UIE (UIE) investor relations material
UIE Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net profit for H1 2026 was USD 10.5 million, a sharp decline from USD 61.6 million in H1 2025, mainly due to negative fair value adjustments in Schörling and Greenbridge investments.
UP delivered robust operational results but net profit fell 14% year-over-year due to lower CPO prices and weaker refinery margins.
Schörling's fair value dropped 13% in USD terms, driven by a 27% decline in Hexagon's share price and SEK depreciation.
Greenbridge's fair value decreased 5% amid lower market multiples, despite continued growth in portfolio companies.
Financial highlights
Net asset value per share rose 11% to DKK 602.1 compared to year-end 2025.
Share price at 30 June 2026 was DKK 352.5, down 9% from year-end 2025.
Total value of investments in UP, Schörling, and Greenbridge was USD 635.1 million, down USD 62.0 million from year-end 2025.
Cash and liquid assets increased to USD 99.4 million, up USD 26.4 million from year-end 2025.
Shareholders’ equity decreased to USD 731.7 million, mainly due to dividend payments and share buy-backs.
Outlook and guidance
Net profit for 2026 is expected to be lower than 2025, primarily due to negative fair value adjustments in Schörling.
UP anticipates satisfactory performance but faces cost pressures from energy, labor, and materials.
Schörling’s outlook is highly sensitive to equity market volatility and currency movements.
Greenbridge’s future valuations remain uncertain due to the nature of its high-tech portfolio.
- Net loss of USD 26.6 million in Q1 2026, with portfolio fair value declines offsetting UP's strong results.UIE
Q1 2026 - Net profit jumped 85% to USD 139.9 million, with record UP results and higher dividends.UIE
Q4 2025 - Net profit surged 30% year-over-year, with strong performance across all major investments.UIE
Q3 2025 - Net profit surged 23% to USD 61.6 million, with strong gains from UP and investment revaluations.UIE
Q2 2025 - Net profit surged 96% to USD 82.4 million, but full-year profit is forecast to decline.UIE
Q3 2024 - Net profit fell to USD 50.2m as Schörling gains slowed, despite record UP results.UIE
Q2 2024 - Net profit fell 37% to USD 75.6m, but 2025 outlook is positive on portfolio strength.UIE
Q4 2024 - Q1 2025 net profit rose 2% year-over-year, with strong UP results and positive Schörling adjustment.UIE
Q1 2025
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