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WIRTEK — Wirtek A/S News Story

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Denmark's Wirtek Q2 EBITDA jumps on lower staff costs, maintains 2026 revenue guidance

Denmark's Wirtek Q2 EBITDA jumps on lower staff costs, maintains 2026 revenue guidance


Overview

  • Denmark IT services firm's Q2 revenue fell 2.2% yr/yr amid stable demand and slower Solutions growth

  • Q2 EBITDA rose sharply, with margin up to 8.3% from 1.7% on lower staff costs

  • Company completed acquisition of Danish SaaS firm DitaExchange to expand in regulated industries


Outlook

  • Wirtek maintains 2026 revenue guidance at DKK 65.0 mln to DKK 70.0 mln, up 1%-9% yr/yr

  • Company expects 2026 EBITDA of DKK 3.0 mln to DKK 6.0 mln, up 76%-253% yr/yr

  • Wirtek says DitaExchange acquisition does not affect 2026 outlook due to limited impact this year


Result Drivers

  • MARGIN IMPROVEMENT - Co attributed higher Q2 margins to improved capacity utilisation, disciplined delivery, and increased contribution from AI-assisted, productised service offerings

  • LOWER STAFF COSTS - Lower staff costs following structural changes in 2025 contributed to improved profitability


Company press release: ID:nWkrb38T7L


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

DKK 15.13 mln

Q2 EBITDA

DKK 1.26 mln

Q2 EBITDA Margin

8.30%

Q2 Pretax Profit

DKK 487,000


Reuters Recommended Reads

  • Aug 11 - Finland's Siili Solutions Q2 revenue falls, cuts guidance

  • Aug 12 - Germany's Bechtle Q2 revenue rises on growth across regions; lifts outlook

  • Aug 11 - Denmark's ISS Q2 organic growth rises on new contract wins; increases buyback


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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