PARKEN Sport & Entertainment (PARKEN) Q2 2026 earnings summary

Executive summary

• The first half of 2026 was challenging for the sports segment, with unsatisfactory financial and sporting results, but Lalandia continued to show strong growth, especially in overnight stays and foreign guests.

• Group revenue rose to DKK 797.8 million, up DKK 134.6 million year-over-year, driven by F.C. København's participation in UEFA Champions League and increased holiday home sales at Lalandia.

• Major organizational changes included a new head coach and Director of Football for F.C. København.

Financial highlights

• Revenue: DKK 797.8 million (up from DKK 663.2 million year-over-year).

• Result before tax: DKK -54.0 million (improved from DKK -91.8 million year-over-year).

• Net result: DKK -42.1 million (improved from DKK -71.6 million year-over-year).

• Operating cash flow: DKK 167.8 million (up from DKK 47.4 million year-over-year).

• Net interest-bearing debt: DKK 1,026.3 million (down DKK 79.9 million since year-end 2025).

Outlook and guidance

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