Denmark's NTG Q4 revenue rises 11.2%, sets up to DKK 200 million buyback

NTG Nordic Transport AS

04/03/2026 13:03

Overview

Denmark transport group's Q4 revenue rose 11.2% yr/yr, driven by acquisitions

Adjusted EBIT for Q4 increased, supported by DTK acquisition and Road & Logistics growth

Company announced DKK 200 mln share buyback program

Outlook

NTG expects 2026 adjusted EBIT of DKK 600-650 mln

Company anticipates flat to slightly positive volume growth in 2026

NTG expects freight rates to slightly increase in 2026

Result Drivers

ACQUISITIONS - DTK acquisition drove significant growth in revenue and adjusted EBIT

ROAD & LOGISTICS GROWTH - Organic growth in Road & Logistics offset lower ocean freight rates

AIR & OCEAN CHALLENGES - Lower project volumes led to a decline in adjusted EBIT for Air & Ocean

Company press release: ID:nGNE4Stt5D

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
DKK 2.88 bln
Q4 Gross Margin
23.00%
Q4 Adjusted EBIT
DKK 167 mln
Q4 EBIT Margin
5.80%
Q4 Gross Profit
DKK 663 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy"

Wall Street's median 12-month price target for NTG Nordic Transport Group AS is DKK306.00, about 86.4% above its March 3 closing price of DKK164.20

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

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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.)