REG-Interim report – second quarter of 2026

Today, Schouw & Co. released its interim report for the second quarter of 2026; Schouw & Co. delivered a strong performance in Q2 2026, with higher activity levels, productivity improvements, and operational optimisation initiatives supporting significant earnings growth.

Highlights * DKK 9.0bn revenue – a 5% increase * DKK 828m EBITDA – a 17% increase * 47.3k tonnes Scope 1+2 CO2e emissions – a 12% reduction * DKK 410m cash flow from operations – a 24% decrease * DKK 14.19 earnings per share – a 39% improvement * 14.1% ROIC excluding goodwill – a 1.6 pp improvement * Full-year revenue and EBITDA guidance raised. Statement by Jens Bjerg Sørensen, President of Schouw & Co. – Schouw & Co. delivered a strong Q2 2026 performance, with earnings growth driven by higher activity levels, operational improvements, and continued productivity initiatives across our portfolio businesses. EBITDA increased significantly, demonstrating that the measures implemented in recent years are translating into stronger profitability and continued margin expansion. We therefore enter the second half of the year with increased confidence and have raised our full-year guidance.