Overview
Denmark IT services firm's Q1 revenue rose 38% yr/yr
Organic revenue grew 12.8% yr/yr, driven by AI, products, and platforms
Outlook
Netcompany maintains 2026 revenue growth guidance of 15%–20%
Company raises 2026 margin guidance to ~16%–19%
Result Drivers
AI-ENABLED OFFERINGS - Co said growth was driven by market-leading products and platforms with embedded AI capabilities
UK MARKET DEMAND - Co cited strong demand in the UK, resulting in more than 50% revenue growth in the region
BANKING SERVICES IMPACT - Integration of Netcompany Banking Services boosted non-organic growth but weighed on margins
Company press release: ID:nGNE8N5Br6
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Organic adjusted EBITDA
DKK 298.70 mln
Q1 Organic Adjusted EBITDA Margin
15.10%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Netcompany Group A/S is DKK420.00, about 11.4% above its May 5 closing price of DKK377.00
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago
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.)
