ISS up after it hikes buyback programme

Iss A/S

12/08/2025 09:16

** Shares in ISS ISS.CO are up around 2% after the Danish services company increased share buyback programme by DKK 500 mln, despite reporting a miss on H1 earnings

** Adjusted EBITA came in 2% below consensus expectations, Jefferies says

** Still, the broker notes a "solid" improved in free cash flow, adding that the buyback hike shows increased confidence on the FCF outlook

** Senior analyst Anders Haulund Vollesen from Jyske Bank says that the underlying figures show ISS is steadily making progress toward solid growth and a stable, slightly better margin in 2025

** "I think the market rewards that outlook today, as well as the increased capital distribution," he adds

(Reporting by Agnieszka Gosciak-Rabalska)

((Agnieszka.gosciak@thomsonreuters.com))