Denmark's workplace management firm ISS Q3 organic growth rises, reaffirms outlook

Iss A/S

04/11/2026 06:32

Overview
Denmark workplace and facility services firm's Q3 organic growth rose to 6.8% yr/yr
Company's operating margin and free cash flow developed in line with company's expectations
Company reaffirmed full-year outlook for organic growth above 6% and operating margin around 5.25%

Outlook
ISS reaffirms 2026 outlook of organic growth above 6%
Company expects 2026 operating margin around 5.25%
ISS sees 2026 free cash flow above DKK 3.1 bln

Result Drivers
PRICE INCREASES AND CONTRACT WINS - Co attributed Q3 organic growth to price increases, new contracts, volume growth with existing customers and above-base work
NEW CONTRACTS - Four new contracts secured in Q3, each with annual revenue above DKK 100 mln
ACQUISITION SYNERGIES - Integration activities from Tomagruppen AS acquisition aimed at securing targeted synergies

Company press release: ID:nGNE6lw8Bg

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Organic Growth
 
6.80%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for ISS A/S is DKK332.50, about 11.6% above its November 3 closing price of DKK298.00
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

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Nov 3 - Norway's Multiconsult Q3 EBITA drops on restructuring costs
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Nov 2 - Denmark medical devices maker Coloplast's Q4 revenue rises

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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.)