Schouw & Co shares rise after guidance hike

Schouw & Co.

14/08/2026 08:22

** Shares in Schouw & Co SCHO.CO jump 7.1% after the Danish industrial conglomerate raises its annual outlook, partly reflecting higher guidance at its BioMar business
** It raises 2026 revenue guidance to DKK 34.8-37.2 billion ($5.4-5.7 billion) from DKK 33.0-35.5 billion, and EBITDA guidance to DKK 3.15-3.35 billion from DKK 2.9-3.2 billion
** "The upgraded guidance is based on the Board of Directors' and the Executive Management's assessment of the outlook for the Group's businesses for the rest of the year," the company says in a statement
** The outlook upgrade follows a 17% rise in Q2 EBITDA to DKK 828 million, helped by higher activity and operational improvements
** The shares are on track for their best day since June 2025 if the gains hold
($1 = 6.4755 Danish crowns)

(Reporting by Jesus Calero)
((jesus.calero@thomsonreuters.com))