Published: 8/28/2026 8:40:49 AM
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Technology company Freetrailer, which operates in the sharing economy, increased revenue by 26 percent in the second quarter and the company raises its full-year guidance and launches a share buyback. Net sales increased to 50.0 million Danish kroner (39.6).EBITDA amounted to 17.7 million Danish kroner (33.2), a decrease of 47 percent. The EBITDA margin was 35.4 percent (83.8).Operating profit, EBIT, decreased to 8.8 million Danish kroner (10.9), corresponding to an EBIT margin of 17.6 percent (27.6).Net profit amounted to 5.5 million Danish kroner (7.2). Earnings per share amounted to 0.58 Danish kroner (0.76).CEO Thomas Zeihlund states that the lower earnings reflect a deliberate decision to accept lower profitability in the short term to support long-term growth. Among other things, the company is investing in expansion into new markets, more rental products and a larger organization.Freetrailer raises its full-year guidance. Net sales are now expected to amount to 178-185 million Danish kroner, compared with 168-178 million previously. The EBIT forecast is raised to 27-32 million Danish kroner from 20-30 million previously.At the same time, the company is launching a share buyback program of up to 20 million Danish kroner that runs through December 31. A new growth strategy will be presented on September 17.Key figures, MDKKQ2 2026Q2 2025Year-over-year changeNet sales50.039.6+26.0%EBITDA17.733.2-46.7%EBITDA margin, %35.483.8-48.4 percentage pointsEBIT8.810.9-19.8%EBIT margin, %17.627.6-10.0 percentage pointsNet profit5.57.2-23.4%Earnings per share, Danish kroner0.580.76-23.7%
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