MT HOEJGAARD HOLDING A/S [CBOE] overview

MT Højgaard Holding’s business unit Enemærke & Petersen has entered into an agreement with the minority shareholders of Esbjerg-based construction group NemByg A/S for the acquisition of their 40% shareholding in the company effective 30 June 2024. The purchase price of approximately DKK 69 million is based on an earn-out model reflecting NemByg’s results and expected earnings until the end of the first half of 2024. Enemærke & Petersen acquired 60% of the shares in NemByg in June 2021...

MT Højgaard Holding’s business unit MT Højgaard Danmark and French Eiffage Group have been selected for the construction of Valby cloudburst tunnel. Developers are HOFOR A/S (Greater Copenhagen Utility) and local utility company Frederiksberg Forsyning. The project is executed by a mutually led joint venture between MT Højgaard Danmark and Eiffage Group. The contract value is approximately DKK 490 million of which MT Højgaard Danmark’s share comprises slightly more than half. Valby...

Siemens Energy has selected MT Højgaard Holding’s business unit MT Højgaard Danmark as its partner for a multi-year expansion of the electricity grid in the western part of Denmark. Simens Energy entered a strategic partnership last week with state-owned Energinet for comprehensive expansion and renovation of the electricity grid on Funen and in Jutland. In the course of the coming eight years, the electricity grid will be expanded with a large number of 150 kV high-voltage substations. MT...

Statement of transactions by members of senior management and their related parties in shares, issued by MT Højgaard Holding A/S and related securities, cf. article 19 of the EU Regulation 596/2014. CFO Rasmus Untidt has sold shares to cover tax payment pertaining to vested shares, which have been earned and transferred from MT Højgaard Holding as part of the group’s long-term share based incentive program. Further information: Group legal counsel of MT Højgaard Holding, Jakob Lindholm, can...

FINANCIAL RESULTS: FIRST QUARTER OF 2024 The Danish activities continued to generate profitable growth in a slowing market in the first quarter. The winding up of the international activities progressed according to plan but weighed on the Group’s overall financial performance due to losses in Greenland. MT Højgaard Holding retains its full-year forecast for 2024. Consolidated revenue increased by 6% to DKK 2.3 billion, driven by developments in MT Højgaard Danmark. Operating profit (EBIT)...

MT Højgaard Holding releases its interim report for Q1 2024 on 16 May 2024 and hosts a conference call at 10.00 (CET) that date at which the management will present the results and outlook before answering questions. Registration is not required. The conference call will be conducted in Danish and can be heard live here or at www.mthh.dk, where the accompanying presentation will be available. Participants should dial the numbers provided below and enter PIN 531691. Denmark + 45 78768490 UK + 44...

Statement of transactions by members of senior management and their related parties in shares, issued by MT Højgaard Holding A/S and related securities, cf. article 19 of the EU Regulation 596/2014. MT Højgaard Holding A/S has transferred 7,665 vested shares to CEO of MT Højgaard Danmark A/S, Carsten Lund, whom has earned these as part of the group’s long-term share based incentive program, cf. company announcement no. 17/2020. Further information: CFO of MT Højgaard Holding, Rasmus...

Statement of transactions by members of senior management and their related parties in shares, issued by MT Højgaard Holding A/S and related securities, cf. article 19 of the EU Regu-lation 596/2014. MT Højgaard Holding A/S has transferred 5,691 vested shares to CFO of MT Højgaard Holding A/S, Rasmus Untidt, whom has earned these as part of the group’s long-term share based incentive program, cf. company announcement no. 17/2020. Further information: CFO of MT Højgaard Holding, Rasmus...