Annual Report

The report describes strong 2025 financial performance, with net revenue rising 5% to DKK 15,723m and continued margin expansion. Sustainability progress included a 10% reduction in market-based Scope 1, 2 and 3 emissions, improved energy and water efficiency, and a 31% reduction in lost-time incident frequency. The company reports that it is on track toward its 2030 climate and resource goals, while acknowledging a remaining emissions-reduction gap. Safety management was strengthened, and no employee or contractor fatalities were reported.