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Danish construction, infrastructure, and building services group
mthh.dkLast updated
In short: MT Højgaard Holding reported Q2 2026 results hit by a Nordhavn Tunnel write-down and secured new contracts.
The group recorded a DKK 175m write-down for the Nordhavn Tunnel project. Revenue grew to DKK 2,532m while EBIT fell to -DKK 77m due to charges in Denmark and Enemærke & Petersen segments.
Revenue fell 18% to DKK 2.2 billion, while order intake rose 93% to DKK 5.0 billion. Expectations for 2026 are maintained.
The settlement with the Danish Road Directorate includes extra work and delays; EBIT for 2026 is now expected to be DKK 225-275 million, compared with DKK 400-450 million, and the project will be handed over at the end of 2028.
Order portfolio grew 33% to DKK 14.7bn despite winter impacts, while maintaining a stable 2026 outlook of DKK 10-10.5bn revenue.
The MT Højgaard stock jumps after the construction company has won the first phase of Copenhagen Airport's tender for the Baggage Factory East project. The project is being tendered in two phases...
MT Højgaard Holding’s business unit MT Højgaard Danmark has won the first phase of Copenhagen Airport's tender for the planning, design and construction of Baggage...
MT Højgaard Holdings forretningsenhed MT Højgaard Danmark og belgiske N.V. BESIX S.A har via det ligeligt ejede joint venture BESIX-MTH JV indgået en forligsaftale med...
MT Højgaard Holding achieved another year of profitable growth in 2024, with revenue increasing by 9% to DKK 10.7 billion, and operating profit (EBIT) grew...
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