Netcompany falls as revenue outlook hike fails to impress

Netcompany A/S

29/10/2026 09:13

** Shares in Netcompany NETCG.CO fall 7.4% despite the Danish IT consultancy company raising its 2026 revenue growth outlook alongside publishing quarterly results 
** It now expects sales to grow between 18% and 20.5% against the earlier expectation of 16%-20.5%
** "This implies Q4 growth in the range of approximately -4% to 3%—a projection that still appears conservative," Jyske Bank wrote in a note
** The stock had gained strongly ahead of results on expectations of a guidance upgrade, suggesting investors may have been looking for a bigger outlook increase, analyst Per Hansen from Nordnet says 
** Netcompany, whose quarterly figures came in broadly in line with expectations, kept its earnings margin guidance unchanged 
** Up to the previous session's close, shares were up 10.4%​ YTD, gaining about 27% since end-September
** Shares are on track for their worst day since January 2025 
     
     
     
     
($1 = 6.6949 Danish crowns)

(Reporting by Agnieszka Olenska)
((Agnieszka.Olenska@thomsonreuters.com;))