SCHO Schouw & Co A/S

Interim report – third quarter of 2023

Interim report – third quarter of 2023

Tuesday, Schouw & Co. released its interim report for the third quarter of 2023; This was a very good third quarter with a significant revenue improvement. Reported EBITDA improved by relatively more than revenue, which had not been expected. Cash flows from operations for the quarter sharply improved.

Highlights

  • Revenue up by 15% for the quarter to DKK 10.5bn
  • EBITDA up by 34% to DKK 909m
  • Strong cash flows from operations of DKK 1,490m
  • ROIC excluding goodwill improved to 12.4%
  • Full-year EBITDA guidance raised.

Statement by Jens Bjerg Sørensen, President of Schouw & Co.

– The third quarter were in many ways the best ever in Schouw & Co.’s 145-year history. We delivered both revenue and EBITDA at an all-time high, and the companies of the Schouw & Co. Group performed very well across the board and in several respects also better than expected.

Our portfolio companies are generating solid cash flows of DKK 1.5 billion, and we have reduced our financial gearing considerably. Following a successful refinancing of a part of our debt, Schouw & Co. is in a strong position financially.

The solid momentum we enjoyed in the third quarter has made us raise our full-year EBITDA guidance.

Video conference call (in English) in relation to the interim report

  • Tuesday, 14 November 2023 at 15:30 CEST

Please attend via this link: /en/investors/conference-call

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman

Jens Bjerg Sørensen, President, tel.

Attachment



EN
14/11/2023

Underlying

SCHOSchouw & Co A/S

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

Reports on Schouw & Co A/S

 PRESS RELEASE
Free
SCHO SCHOUW & CO A/S

Schouw & Co. share buy-back programme, week 16 2026

Schouw & Co. share buy-back programme, week 16 2026 On 2 January 2026, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 59 of 18 December 2025. Under the programme, Schouw & Co. will acquire shares for up to DKK 240 million during the period 2 January to 31 December 2026. The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules). Trading dayNo. of s...

20h / 58m 1 EN
 PRESS RELEASE
Free
SCHO SCHOUW & CO A/S

Ordinær generalforsamling i Aktieselskabet Schouw & Co.

Ordinær generalforsamling i Aktieselskabet Schouw & Co. Schouw & Co. har i dag afholdt ordinær generalforsamling i Hermans, Tivoli Friheden, 8000 Aarhus C, hvor ca. 600 deltagere var mødt frem. Bestyrelsens beretningFormanden for bestyrelsen aflagde beretning om selskabets virksomhed i det forløbne regnskabsår. De tidligere udmeldte finansielle forventninger for indeværende år blev gentaget, men den uforudsigelige verdenssituation medfører naturligvis, at udviklingen må følges nøje. Bestyrelsens beretning blev taget til efterretning. Godkendelse af årsrapport, overskudsdisponering sam...

April 16, 2026 1 EN
 PRESS RELEASE
Free
SCHO SCHOUW & CO A/S

Annual general meeting of Aktieselskabet Schouw & Co.

Annual general meeting of Aktieselskabet Schouw & Co. The Company’s annual general meeting was held today at Hermans, Tivoli Friheden, DK-8000 Aarhus C, with approx. 600 people present. Report by the Board of DirectorsThe Chairman of the Board of Directors presented the report on the Company’s activities during the past financial year. The previously announced full-year guidance was reiterated; however, the unpredictable global situation naturally necessitates close monitoring of developments. The report was duly noted by the shareholders. Approval of annual report, allocation of profit a...

April 16, 2026 1 EN
 PRESS RELEASE
Free
SCHO SCHOUW & CO A/S

Schouw & Co. share buy-back programme, week 15 2026

Schouw & Co. share buy-back programme, week 15 2026 On 2 January 2026, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 59 of 18 December 2025. Under the programme, Schouw & Co. will acquire shares for up to DKK 240 million during the period 2 January to 31 December 2026. The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules). Trading dayNo. of sh...

April 13, 2026 1 EN
 PRESS RELEASE
Free
SCHO SCHOUW & CO A/S

Schouw & Co. share buy-back programme, week 14 2026

Schouw & Co. share buy-back programme, week 14 2026 On 2 January 2026, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 59 of 18 December 2025. Under the programme, Schouw & Co. will acquire shares for up to DKK 240 million during the period 2 January to 31 December 2026. The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules). Trading dayNo. of s...

April 7, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch