Movinn A/S (CPH:MOVINN)
1.300
+0.050 (4.00%)
May 8, 2026, 4:47 PM CET
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.