PARKEN Sport & Entertainment (PARKEN) Q1 2026 earnings summary

Executive summary

• Revenue increased to 431.3 million DKK, up 169.4 million DKK year-over-year, driven by UEFA Champions League participation and Lalandia holiday home sales.

• Net loss narrowed to -20.7 million DKK from -57.6 million DKK year-over-year, mainly due to higher revenue.

• Lalandia saw continued growth in overnight stays and capacity, with all new holiday apartments in Søndervig delivered.

• F.C. København's men's team underperformed in the Superliga and did not advance in the UEFA Champions League.

• Office towers in Parken maintained near-zero vacancy and strong demand.

Financial highlights

• Revenue: 431.3 million DKK (Q1 2026) vs. 261.9 million DKK (Q1 2025).

• Operating profit before amortization and transfers: 14.3 million DKK vs. -36.0 million DKK year-over-year.

• Net loss: -20.7 million DKK vs. -57.6 million DKK year-over-year.

• Cash flow from operations: 178.6 million DKK vs. 0.5 million DKK year-over-year.

• Net interest-bearing debt: 954.9 million DKK, down 151.3 million DKK from December 2025.

Outlook and guidance

• Full-year 2026 revenue expected at 1,600–1,700 million DKK; pre-tax profit forecasted at 75–125 million DKK.