Rovsing A/S Highlights from Q1 2025/26
The Board of Directors of Rovsing A/S has recently reviewed and approved the Interim Management Statement for the first quarter of the financial year 2025/26. This quarter spans from July to September 2025 and presents both opportunities and challenges for the company.
Revenue and EBITDA Performance
During the first quarter, the results showed that revenue and EBITDA fell short of expectations. This decrease is largely attributable to the intensive project efforts required to drive forward ongoing developments. One major project, which holds significant importance, is anticipated to reach completion within the financial year. Additionally, another service-related project faced a temporary hold, awaiting further inquiry from the customer, but is set to resume later in the year.
Financial Results Overview
The revenue attained during this period was DKK 7.3 million, a decline from DKK 9.5 million experienced in the same quarter the previous year. Furthermore, the EBITDA recorded was DKK -0.6 million, which represents a noticeable disparity from the DKK 0.8 million profit from Q1 2024/25.
Order Backlog and Tender Activity
Despite the dips in revenue and EBITDA, the order intake for this quarter showed resilience, totaling DKK 3.3 million. By the end of September 2025, Rovsing boasted a robust and diverse order backlog amounting to DKK 34.8 million, encompassing a variety of missions from both institutional and commercial clients.
Positive Hints in Tender Prospects
During this quarter, Rovsing also saw an increase in tender activities as they assisted their clients in submitting proposals for upcoming critical missions under notable European programs like the Copernicus Earth Observation Programme. The company has already submitted tenders for these initiatives and anticipates receiving decisions on several ongoing submissions throughout the current financial year.
Market Growth Drivers
Looking ahead, the company is optimistic about growth bolstered by a rising commitment to space initiatives across Europe. Recently, the Danish government proclaimed a substantial national space budget of DKK 2.7 billion for 2026–2029, while Germany allocated EUR 35 billion for its own space programs up to 2030. The forthcoming ESA Ministerial Council meeting in Bremen at the close of November 2025 could further solidify expectations and intensify tender activities.
Continued Deliveries and New Opportunities
In the quarter, Rovsing made positive strides in fulfilling promises to an extensive customer base, delivering vital test and simulation systems for prestigious projects like Galileo, Grace-C, and Artemis. Notably, new business was secured with ReOrbit for Solar Array Simulators and Other Protections, reflecting the company’s adaptability and responsiveness to market needs. Further deliveries are projected to unfold in the coming months.
Strategic Focus and Future Outlook
Rovsing’s management and board are actively engaging in their updated strategy, which emphasizes growth acceleration. They are working diligently to pinpoint and evaluate potential acquisition targets through a buy-and-build strategy. The company remains committed to navigating the pathways that lead to enhanced operational success.
In terms of outlook for the financial year 2025/26, Rovsing maintains its guidance, projecting revenue between DKK 37 million to DKK 41 million, alongside a positive EBITDA expected in the DKK 1 million to DKK 3 million range.
For further inquiries, you may contact Hjalti Pall Thorvardarson, CEO. Tel. +45 53 39 18 88. Email: hpt@rovsing.dk.
Frequently Asked Questions
What were the revenue figures for Rovsing in Q1 2025/26?
The revenue for Q1 2025/26 amounted to DKK 7.3 million.
How does the recent performance compare to the previous year?
Revenue in Q1 2024/25 was DKK 9.5 million, indicating a decline in this quarter.
What is the order backlog value reported by Rovsing?
Rovsing reported a healthy order backlog of DKK 34.8 million at the end of September 2025.
What future growth opportunities does Rovsing see?
The company anticipates growth supported by increasing space budgets across Europe and forthcoming tenders.
Who can be contacted for further information regarding Rovsing?
Hjalti Pall Thorvardarson, CEO, can be reached at +45 53 39 18 88 or via email at hpt@rovsing.dk.
