H+H International Income Statement

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,781	2,747	2,672	3,604	3,020	2,654
Revenue Growth (YoY)	3.04%	2.81%	-25.86%	19.34%	13.79%	-6.55%
Cost of Revenue	2,137	2,168	2,108	2,584	2,115	1,818
Gross Profit	644	579	564	1,020	905	836
Selling, General & Admin	331	333	346	393	331	322
Other Operating Expenses	6	-	-3	-11	-8	-8
Operating Expenses	519	520	530	584	506	503
Operating Income	125	59	34	436	399	333
Interest Expense	-72	-99	-66	-15	-18	-16
Interest & Investment Income	32	39	24	5	3	2
Currency Exchange Gain (Loss)	-1	-1	-2	-1	1	-4
Other Non Operating Income (Expenses)	-7	-7	-9	-3	-5	-4
EBT Excluding Unusual Items	77	-9	-19	422	380	311
Merger & Restructuring Charges	-110	-68	-133	-42	-24	-
Impairment of Goodwill	-250	-	-	-	-	-
Gain (Loss) on Sale of Assets	2	2	23	8	7	-4
Asset Writedown	-322	-	-101	10	-	-
Other Unusual Items	156	46	-53	-	-7	-
Pretax Income	-447	-29	-283	398	356	307
Income Tax Expense	100	21	-37	81	35	56
Earnings From Continuing Operations	-547	-50	-246	317	321	251
Net Income to Company	-547	-50	-246	317	321	251
Minority Interest in Earnings	-	-3	-2	-14	-11	-10
Net Income	-547	-53	-248	303	310	241
Net Income to Common	-547	-53	-248	303	310	241
Net Income Growth	-	-	-	-2.26%	28.63%	61.75%
Shares Outstanding (Basic)	16	16	16	17	18	18
Shares Outstanding (Diluted)	16	17	16	17	18	18
Shares Change (YoY)	-0.80%	0.70%	-5.91%	-2.67%	-0.02%	0.00%
EPS (Basic)	-33.58	-3.24	-15.19	17.53	17.51	13.47
EPS (Diluted)	-33.58	-3.24	-15.19	17.40	17.30	13.47
EPS Growth	-	-	-	0.58%	28.47%	62.24%
Free Cash Flow	-78	21	-374	50	257	291
Free Cash Flow Per Share	-4.79	1.27	-22.82	2.87	14.36	16.26
Gross Margin	23.16%	21.08%	21.11%	28.30%	29.97%	31.50%
Operating Margin	4.50%	2.15%	1.27%	12.10%	13.21%	12.55%
Profit Margin	-19.67%	-1.93%	-9.28%	8.41%	10.27%	9.08%
Free Cash Flow Margin	-2.80%	0.76%	-14.00%	1.39%	8.51%	10.96%
EBITDA	281	220	192	612	560	503
EBITDA Margin	10.10%	8.01%	7.19%	16.98%	18.54%	18.95%
D&A For EBITDA	156	161	158	176	161	170
EBIT	125	59	34	436	399	333
EBIT Margin	4.50%	2.15%	1.27%	12.10%	13.21%	12.55%
Effective Tax Rate	-	-	-	20.35%	9.83%	18.24%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.