Denmark's HusCompagniet Q1 revenue rises on Detached and Wooden houses strength

HusCompagniet A/S

01/05/2026 07:11

Overview

Denmark housebuilder's Q1 revenue grew 25% yr/yr

Gross margin declined to 16.4%, impacted by challenged B2B projects and cold winter

Outlook

HusCompagniet expects 2026 revenue guidance of DKK 3.0-3.3 bln

Company expects 2026 EBITDA before special items of DKK 70-130 mln

Result Drivers

ORDER BACKLOG EXECUTION - Revenue growth driven by execution on solid order backlog and higher average sales prices, especially in Detached and Wooden houses

LOWER GROSS MARGIN - Gross margin declined due to increased construction costs from unusually cold winter and impact from three challenged B2B projects

COST CONTROL - Lower SG&A ratio helped partly offset margin pressure, reflecting strong cost focus

Company press release: ID:nWkrVT73l

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
DKK 791 mln
DKK 3 bln (1 Analyst)
Q1 EBIT
DKK 5 mln
Q1 EBITDA
DKK 18 mln
Q1 EBITDA Margin
2.30%
Q1 EBIT Margin
0.70%


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 DKK40.00, about 16.6% above its April 30 closing price of DKK34.30

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

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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.)