Sp Group Q3 Report 2023

Highlights

  • In first 9M 2023, revenue fell by 2.7% to DKK 1,953.2m
  • In first 9M 2023, revenue from own brands fell by 16.0% to DKK 455.2m
  • In first 9M 2023, EBITDA fell by 8.6% to DKK 323.9m 
  • In first 9M 2023, the EBITDA margin fell by 1.1 percentage points to 16.6%

Outlook

  • The global economy is still fragile and marked by political and economic uncertainty
  • No growth in Europe

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