Denmark's Harboes FY revenue falls on lower sales in Germany, flags geopolitical uncertainity
Denmark's Harboes FY revenue falls on lower sales in Germany, flags geopolitical uncertainity
Overview
Denmark beverage producer's 2025/26 revenue fell due to lower private label sales in Germany
EBITDA declined, mainly from higher administrative costs tied to new ERP system
Pretax profit was DKK 38 mln, matching most recent company outlook
Outlook
Harboes expects 2026/27 EBITDA of DKK 130–160 mln
Company sees 2026/27 profit before tax between DKK 30 mln and DKK 60 mln
Company says geopolitical and economic factors are creating uncertainty in its operating environment
Result Drivers
LOWER PRIVATE LABEL SALES - Revenue decline was mainly due to lower private label sales in Germany
HIGHER ADMINISTRATIVE COSTS - EBITDA declined mainly from higher administrative costs, most relating to new ERP system
GEOPOLITICAL AND MARKET HEADWINDS - Intense competition, unpredictable input costs, and geopolitical unrest dampened export orders, especially to the Middle East
Company press release: ID:nGNEXMDCg
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| DKK 1.74 bln |
|
FY EBITDA |
| DKK 129 mln |
|
FY Pretax Profit |
| DKK 38 mln |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)