Movinn A/S (CPH:MOVINN)
Denmark · Delayed Price · Currency is DKK 1.430
-0.090 (-5.92%)
Oct 23, 2026, 9:55 AM CEST
Movinn Earnings Call Transcripts
Fiscal Year 2024
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Q3 saw 13% revenue growth and a 400% EBITDA increase year-over-year, with Sweden achieving operational break-even and Hotel 26 launching successfully. Group EBITDA guidance for 2024 was adjusted due to Odense's lag, but long-term profitability targets remain intact.
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Group revenue grew 7% year-over-year, with strong Swedish expansion and improved EBITDA margin to 5.7%. Strategic focus is on core business, tech-driven efficiency, and reducing vacancy, especially in Odense. Hotel Twenty Six launch in Sweden is expected to drive high-margin growth.