SP Group posts record H1 revenue, raises 2026 outlook

EarningsM&A · Partnership
โดย GuruFocus·DK·Read original
Summary · why it matters

SP Group reported first-half 2026 revenue of DKK1.95 billion, up 32.9% year-over-year, and raised its full-year revenue growth outlook to 24% to 30%. Q2 revenue rose 44.6% to DKK984 million, with organic growth of 29.4% and 15.2% from acquisitions. EBITDA for the first half increased 36.2% to DKK397 million, while EBIT climbed 45.4% to DKK280 million and earnings per share jumped 55.1% to DKK16.4. The company cited successful integration of Ide-Pro and the acquisition of OGM Moulding, which expands SP Group into the UK market, as key drivers. Management attributed a slight EBITDA margin decline to a higher share of lower-margin sub-supplier tasks and noted geopolitical tensions remain a risk.

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Off-coverage companies 3

SP Group (Singapore Power)Private▲ Positive
Capitalrelevance

Record H1 revenue and raised outlook

Idé-Pro BE Holding ApSPrivate▲ Positive
Capitalrelevance

Successful integration cited as driver

OGM Moulding LimitedPrivate▲ Positive
Capitalrelevance

Acquisition expands into UK market