Netcompany's Q4 revenue misses analyst expectations, plans new buyback

Netcompany A/S

03/02/2026 06:39

Overview

Denmark IT services firm's Q4 revenue missed analyst expectations

Organic adjusted EBITDA increased 19.6% in Q4 2025

Company announced new DKK 750 mln share buyback program

Outlook

Netcompany expects 2026 revenue growth of 15% to 20% including Banking Services

Company anticipates 2026 adjusted EBITDA margin of 15% to 18% including Banking Services

Netcompany plans DKK 750m share buyback by January 2027

Result Drivers

ORGANIC GROWTH - Organic revenue grew by 9.5% in Q4 2025, driven by a focus on product and platform strategy

ACQUISITION IMPACT - Reported revenue increased by 34.9% in Q4 2025, largely due to Netcompany Banking Services

SYNERGIES FROM INTEGRATION - Integration of SDC into Netcompany Banking Services progressed faster than anticipated, with synergies materialising

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
DKK 1.84 bln
DKK 2.17 bln (7 Analysts)
Q4 Adjusted EBITDA
DKK 329.30 mln
Q4 Adjusted EBITDA Margin
17.80%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "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 DKK400.00, about 18.6% above its February 2 closing price of DKK337.20

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNE3YdqD2

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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.)