H+H on Nasdaq Copenhagen
A leading European manufacturer of wall-building materials with operations across eight countries. Find our latest reports, financial calendar, share information, and direct IR contact below.
Key financials
DKK 2,743m
DKK 112m
3.1m m³
1,338
Financial Outlook 2026
Forward-looking statements as outlined on page 2 of the Interim Financial Report for the first nine months of 2025 (Company Announcement No. 588/2025) also apply to this outlook.
-5% to 0%
DKK 50–100m
Key assumptions
Severe winter weather
Early 2026 weather significantly reduced sales across all markets — estimated DKK 70 million negative impact on EBIT bsi vs. 2025, with only limited recovery expected during the rest of the year.
UK & Poland markets
Both markets expected to perform at 2025 levels for the remainder of the year.
German restructuring benefits
Approximately DKK 40 million in benefits expected from the 2025 restructuring programme.
CAPEX & cash flow
DKK 100–120 million CAPEX planned. Free cash flow expected to be positive, including proceeds from asset sales.
Macro & FX environment
No major changes to macroeconomic or geopolitical conditions assumed. FX based on February 2026 actuals plus forward rates for the next 10 months.
Financial calendar 2026
3 Mar 2026
Annual Report 2025
14 Apr 2026
2026 Annual General Meeting
12 May 2026
Q1 2026 Interim Financial Report
11 Aug 2026
H1 2026 Interim Financial Report
10 Nov 2026
Q3 2026 Interim Financial Report
Investor Relations sections
Contact Investor Relations
Bjarne Pedersen
CFO
Investors Relations
General Office
Niclas Bo Kristensen
Head of IR & Treasury (On paternity leave)