Denmark's Park Street A/S misses 2025 EBVAT guidance on hotel weakness

Park Street A/S

31/03/2026 13:03

Overview

Denmark real estate investor's 2025 earnings before value adjustments and tax (EBVAT) rose yr/yr but missed prior guidance

Net income for 2025 increased, driven by fair value adjustments

Company expects 2026 EBVAT to rise to DKK 50–55 mln, citing operational improvements

Outlook

Park Street expects 2026 EBVAT in the range of DKK 50–55 mln

Company says Pulse Taastrup project launch in 2026 could add DKK 20 mln annual NOI

Park Street sees operational improvements and leasing initiatives supporting sustained performance

Result Drivers

HOTEL AND CO-WORKING SITE - Weaker than expected performance from hotel operations and newly launched co-working site in Odense weighed on results

COST REDUCTIONS - Operating and overhead cost reductions contributed to higher gross profit

REFINANCING IMPACT - One-off expense from refinancing led to higher net financial costs

Company press release: ID:nGNE338w5L

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
DKK 18.6 mln


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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.)