Company announcement
No. 17/2025
14 August 2025
Continued growth and investing in the future
Summary
- Netcompany grew revenue by 3.9% (constant 3.9%) to DKK 1,714.9m in Q2 2025.
- Adjusted EBITDA decreased by 18% (constant 18.3%) to DKK 220.7m in Q2 2025. Adjusted EBITDA margin was 12.9% in Q2 2025 (constant 12.8%) compared to 16.3% in Q2 2024.
- Diluted earnings per share was DKK 1.17 in Q2 2025.
- Average number of full-time employees increased by 449 FTEs from 7,884 in Q2 2024 to 8,333 in Q2 2025.
- Free cash flow was DKK 25.6m in Q2 2025 compared to DKK 148.2m in Q2 2024.
- Cash conversion ratio (tax normalised) was 14.6% in Q2 2025.
- Debt leverage was 1.3x in Q2 2025.
- Netcompany maintains expectations for full year and expects organic revenue growth between 5% and …