Exciting Developments for MT Højgaard Holding A/S
MT Højgaard Holding A/S, through its business unit MT Højgaard Danmark, has secured a significant tender that will lead to the completion of a substantial 430-meter quay at the Omni terminal in the Port of Aarhus. This is a key component in the ambitious plans to establish a brand-new container terminal in the region.
Contract Awarded and Project Timeline
The Danish Transport, Building and Housing Authority has granted the necessary permissions to initiate construction. MT Højgaard Danmark has been awarded the general contract for this exciting project, valued at DKK 191 million. Work is anticipated to kick off in the latter half of 2025, with an expected completion timeframe towards the conclusion of 2026.
CEO’s Enthusiasm for the Project
Carsten Lund, CEO of MT Højgaard Danmark, expressed optimism regarding the contract win, stating, "We are pleased to have won the contract for the Port of Aarhus, which will ensure yet another attractive terminal area. Our skilled water workers will be responsible for carrying out the work, and their competencies are well suited to the task. We look forward to getting started and continuing our good collaboration with the Port of Aarhus, which we know well from previous projects." This sentiment reflects a commitment to delivering quality infrastructure work while enhancing operational capabilities.
Strengths of MT Højgaard Denmark in Marine Engineering
MT Højgaard Danmark is recognized for its extensive competencies within marine engineering. The unit’s notable undertakings include the expansion and future-proofing of the Port of Rønne as well as the renovation of the unique granite harbour on Christiansø, located at Denmark's easternmost point. Such projects underscore their expertise and reliability in marine constructions.
Previous Achievements at the Port of Aarhus
Furthermore, MT Højgaard Danmark has previously executed a significant project at the Port of Aarhus, involving the construction of a new ferry terminal. This project included the establishment of quays, building foundations for ramps, protecting the seabed in ferry berths, piers, stonework, and substantial dredging and filling operations on Østhavnsvej.
Financial Outlook Remains Steady
Despite this new undertaking, MT Højgaard Holding has maintained its 2025 financial outlook, expecting a revenue range of DKK 10-10.5 billion and an operating profit (EBIT) between DKK 400-450 million. This steadiness illustrates the company's stable financial strategy amidst expanding operational commitments.
Contact Information for Further Inquiries
For more details about this project, interested parties may contact CEO Rasmus Untidt or CFO Dennis Nørgaard directly at +45 31 21 68 72 for further insight and inquiries.
Frequently Asked Questions
What is the main project MT Højgaard Holding A/S is currently undertaking?
MT Højgaard Holding A/S is completing a 430-meter quay at the Omni terminal in the Port of Aarhus as part of plans for a new container terminal.
When is the construction of the quay expected to commence?
The construction is set to begin in the second half of 2025.
What is the estimated contract value of the quay project?
The quay project has an estimated contract value of DKK 191 million.
How does this project impact the company’s financial outlook?
Despite this new project, MT Højgaard Holding maintains its 2025 revenue expectation at DKK 10-10.5 billion.
Who can be contacted for more information about the project?
For inquiries, CEO Rasmus Untidt and CFO Dennis Nørgaard can be reached at telephone +45 31 21 68 72.
