NTG NTG Nordic Transport Group

Update on full-year outlook for 2023

Update on full-year outlook for 2023

Company announcement no. 36 – 23

3 August 2023

Update on full-year outlook for 2023



Activity was lower than expected during Q2 2023, with a weak spot market and lower volumes. The anticipated improvement in market conditions during Q2 did not materialise, and we have yet to experience a pick-up in volumes. The lower-than-expected results are most notable in the Air & Ocean division, whereas Road & Logistics is more stable despite the weak spot market.

Based on the Q2 2023 results, and particularly the lower than anticipated activity in June 2023, as well as the activity level for July 2023, we update the full-year outlook for 2023 as follows:

  • Adj. EBIT of DKK 600 - 650 million (previously DKK 620 - 700 million)

The updated full-year outlook assumes that activity will pick up gradually during the second half of the year. The outlook further assumes that the challenging market conditions in Air & Ocean will persist to some degree, with low rates and soft volumes, whereas the market conditions within Road & Logistics are expected to remain stable.

Additional information

For additional information, please contact:





Investor relations:

Christian D. Jakobsen, Group CFO                                    








Press:

Camilla Marcher Lydom, Investor Relations & Corporate Communication Manager




Attachment



EN
03/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NTG Nordic Transport Group

 PRESS RELEASE

NTG Nordic Transport Group A/S – Notice to convene the Annual General ...

NTG Nordic Transport Group A/S – Notice to convene the Annual General Meeting 2026 Company announcement no. 4 – 26 5 March 2026 NTG Nordic Transport Group A/S – Notice to convene the Annual General Meeting 2026 The Annual General Meeting of NTG Nordic Transport Group A/S will be held on Friday, 27 March 2026, at 14:00 (CET) at Glostrup Park Hotel, Hovedvejen 41, 2600 Glostrup, Denmark. The notice to convene the Annual General Meeting including Appendix 1 and Appendix 2 is attached. Additional information For additional information, please contact: Sebastian Rosborg, Head of Investor Rel...

 PRESS RELEASE

Transactions in connection with share buy-back program

Transactions in connection with share buy-back program Company announcement no. 3 – 26 4 March 2026 NTG Nordic Transport Group A/S launches share buy-back programme The Board of Directors of NTG has decided to launch a share buy-back programme in accordance with the authorisation to acquire treasury shares granted to the Board of Directors by the Annual General Meeting on 21 March 2024. The authorisation covers share buy-backs up to a maximum of 10% of the Company's share capital and is valid until 21 March 2029. Purposes: The purposes of the share buy-back programme are to meet obligat...

 PRESS RELEASE

NTG Nordic Transport Group Annual Report for 2025

NTG Nordic Transport Group Annual Report for 2025 Company announcement no. 2 – 2604 March 2026 NTG Nordic Transport Group A/S Annual Report for 2025 NTG Nordic Transport Group A/S (“NTG”) has today published the 2025 Annual Report. Selected financial highlights are presented below:   Full year Q4(DKKm) 2025 2024  20252024Net revenue 11,3779,352 2,8842,593Gross profit 2,5831,973 663579Operating profit before special items (adj. EBIT) 593524 167131Profit for the year 256335   Earnings per share (DKK) 9.9313.93          Gross margin 22.7%21.1% 23.0%22.3%Operating margin 5.2%5.6% 5.8%5.1%Conv...

 PRESS RELEASE

NTG Nordic Transport Group A/S – Update on medium-term ambition

NTG Nordic Transport Group A/S – Update on medium-term ambition Company announcement no. 1 – 26 4 March 2026 NTG Nordic Transport Group A/S – Update on medium-term ambition In 2022, NTG introduced a medium‑term ambition to achieve adjusted EBIT of DKK 1,000 million by the end of 2027. This ambition reflected the strong earnings momentum following the pandemic, supported by favourable market conditions and elevated activity levels across large parts of the transport and logistics industry at the time. The ambition was underpinned by a combination of continued organic development and the su...

 PRESS RELEASE

NTG Nordic Transport Group A/S - 2025 Annual Report Conference Call

NTG Nordic Transport Group A/S - 2025 Annual Report Conference Call NTG Nordic Transport Group A/S – 2025 Annual Report Conference Call We expect to release the 2025 Annual Report of NTG Nordic Transport Group on the evening of March 4, 2026. A webcast and conference call will be held in the morning of March 5, 2026, at 10:00 am CET. At the call, Group CEO Mathias Jensen-Vinstrup will present the 2025 Annual Report. The presentation will be followed by a Q&A session. Date: March 5, 2026Time: 10:00 am CET To attend the conference call, please go to: or If you wish to ask questions d...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch