Rovsing (ROV) Q1 24/25 earnings summary

Executive summary

• Q1 2024/25 revenue, EBITDA, and EBIT met expectations, reflecting solid operational performance.

• Order intake reached DKK 11.2 million, with a diverse order backlog of DKK 40.5 million at quarter-end.

• Continued focus on growth, diversification, competitiveness, and investor relations as part of updated strategy.

Financial highlights

• Revenue for Q1 2024/25 was DKK 9.5 million, up 17.3% from DKK 8.1 million in Q1 2023/24.

• EBITDA increased to DKK 0.8 million from DKK 0.6 million year-over-year.

• EBIT rose to DKK 0.3 million from DKK 0.1 million compared to the same quarter last year.

Outlook and guidance

• Full-year 2024/25 revenue expected between DKK 40.0 and 42.0 million.

• Positive EBITDA forecasted in the range of DKK 3.0 to 4.0 million; EBIT expected between DKK 1.0 and 2.0 million.