Denmark's HusCompagniet Q2 revenue rises, maintains 2026 forecast

HusCompagniet A/S

28/08/2026 07:13

Overview
Denmark housebuilder's Q2 revenue rose 16% yr/yr, driven by all segments
Q2 EBIT turned negative due to DKK 71 mln loss from factory divestment
Gross margin and EBITDA margin declined amid cold winter and lower Detached sales

Outlook
HusCompagniet maintains 2026 revenue guidance at DKK 3.0-3.3 bln
Company expects 2026 EBITDA before loss from divestment of subsidiaries at DKK 70-130 mln
Company says continued geopolitical tension and market volatility weigh on earnings expectations

Result Drivers
ORDER BACKLOG EXECUTION - Co said Q2 revenue growth was driven by continued execution on order backlog and more deliveries in Semi-detached business
SEMI-DETACHED RECALIBRATION - Improved performance in Semi-detached segment attributed to strategic recalibration, including divestment of prefabrication factory and organizational changes
WINTER IMPACT - Co said gross margin and earnings were negatively affected by timing effects from unusually cold winter, impacting Detached deliveries and sales

Company press release: ID:nWkr3bVXJV

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
DKK 855 mln
DKK 793.50 mln (2 Analysts)
Q2 EBIT
 
-DKK 70 mln
 
Q2 EBIT Margin
 
-8.20%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "buy"
Wall Street's median 12-month price target for HusCompagniet A/S is DKK38.50, about 17.4% above its August 27 closing price of DKK32.80
The stock recently traded at 84 times the next 12-month earnings vs. a P/E of 23 three months ago

Reuters Recommended Reads
Aug 27 - Denmark's MT Hoejgaard Q2 hit by project delays, write-down charge
Aug 27 - Belgium's CFE Group H1 net profit jumps on Construction & Renovation, VMA contributions
Aug 28 - Construction company Strabag H1 EBIT jumps 35% on infrastructure demand, raises 2026 outlook

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(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.)