Published: 8/25/2026 9:10:22 AM
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Danish installations company Mendole reports both higher revenue and a loss in the second quarter compared with the same period a year earlier. Revenue rose to 36.7 million Danish kroner (32.6).Gross profit was 17.6 million Danish kroner (16.9), with a gross margin of 48.0 percent (51.8). EBITDA was -1.1 million Danish kroner (-0.7). Operating profit was -1.6 million Danish kroner (0.2). Profit before tax was -2.6 million Danish kroner (-0.5). Net profit was -2.0 million Danish kroner (-0.5).Mendole reiterates its full-year guidance for 2026 and still expects revenue of 125-155 million Danish kroner and EBITDA of 6-8 million kroner."Underlying market activity is stable, and our outlook for the rest of the year is positive. The management of the Nim business is fully focused on running the business efficiently and is involved in acquisition activities only to a limited extent - an important distinction as we grow," write both the CEO and the chairman.Mendole, DKK millionQ2-2026Q2-2025ChangeNet sales36.732.612.6%Gross profit17.616.94.1%Gross margin48.0%51.8%EBITDA-1.1-0.7Operating profit-1.60.2Operating margin0.6%Profit before tax-2.6-0.5Net profit-2.0-0.5
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