Schouw & Co. raises 2026 guidance after Q2 EBITDA jumps 17%

Schouw & Co. reported stronger second-quarter 2026 earnings and raised its full-year revenue and EBITDA guidance after higher activity levels, productivity gains and operational optimization lifted profitability across its portfolio businesses. Revenue rose 5% to DKK 9.0 billion and EBITDA increased 17% to DKK 828 million, while earnings per share climbed 39% to DKK 14.19 and ROIC excluding goodwill improved by 1.6 percentage points to 14.1%. Scope 1+2 CO2e emissions fell 12% to 47.3k tonnes, though cash flow from operations declined 24% to DKK 410 million. President Jens Bjerg Sørensen said measures implemented in recent years are translating into stronger profitability and margin expansion, leaving the company more confident for the second half of 2026. He also described the IPO (initial public offering) of BioMar as a key milestone that improved BioMar's platform for future growth and increased Schouw & Co.'s financial flexibility, while an agreement to acquire Spectre adds what the company called a new platform business with strong growth prospects.

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