Netcompany Group A/s · OMXCOP:NETC
Netcompany Group A/s — Q3 2026 Earnings Presentation
37 slides from Netcompany Group A/s's earnings presentation, Oct 29, 2026
Slide 1: Q3 2026 Company Announcement
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 Netcompany Q3 2026 Company Announcement Nine months ended 30 September 2026 Conference call details In connection with the publication of the results for Q3 2026,
Slide 2: Summary
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 Summary Revenue increased by 8.1% (constant 7.6%) Average workforce increased by 171 FTEs Group improved diluted EPS DKK million Full time equivalents DKK Q3 26 1,
Slide 3: CEO comment: André Rogaczewski
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 “Our growth momentum from the first half of the year continued into Q3, where we grew revenue by more than 8%, bringing accumulated growth for the first nine months
Slide 4: Performance overview Q3
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Performance overview Q3 Company Announcement No. 68/2026 29 October 2026 Q3 2026 Q3 2026 % change % change DKK million (reported) (constant)* Q3 2025 (reported)1 (constant)1,2 Revenue 2,343.8 2,332.7 2,167.8 8.1%
Slide 5: Continued performance overview Q3
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED PERFORMANCE OVERVIEW Q3 Revenue grew by 8.1% in Q3 2026 (constant Adjusted EBITDA increased 16.9% to DKK Profit before tax was DKK 263.3m com- currencies
Slide 6: Business Segments Q3
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Business Segments Q3 Company Announcement No. 68/2026 29 October 2026 DKK million Revenue, % Q3 2026 Q3 2026 Constant (2025 rate) Group Denmark SEE & EUI United Norway Netherlands Banking Kingdom Services Revenue
Slide 7: Continued Business Segments Q3: Denmark, SEE & EUI, UK, Norway
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED BUSINESS SEGMENTS Q3 Netcompany Denmark Netcompany SEE & EUI Netcompany UK Netcompany Norway In Q3 2026, Netcompany Denmark grew rev- Netcompany SEE & EU
Slide 8: Continued Business Segments Q3: Netherlands, Banking Services
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED BUSINESS SEGMENTS Q3 Netcompany Netherlands Netcompany Banking Services Adjusted EBITDA was DKK 54.3m in Q3 2026 Revenue in Netcompany Netherlands in- Re
Slide 9: Performance overview 9 months
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Performance overview 9 months Company Announcement No. 68/2026 29 October 2026 Netcompany Banking Services YTD 2026 YTD 2026 % change non-organic % change DKK million (reported) (constant)* YTD 2025 (reported)1 i
Slide 10: Continued performance overview first 9 months
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 CONTINUED PERFORMANCE OVERVIEW FIRST 9 MONTHS 29 October 2026 In the first nine months of 2026 the Group For the Group excluding Netcompany For the first nine months of 2026, the Gr
Slide 11: Business Segments 9 months
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Business Segments 9 months Company Announcement No. 68/2026 29 October 2026 DKK million YTD 2026 Revenue, % YTD 2026 Constant (2025 rate) Group Denmark SEE & EUI United Norway Netherlands Banking Kingdom Services
Slide 12: Continued Business Segments 9 months: Denmark, SEE & EUI, UK, Norway
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 CONTINUED BUSINESS SEGMENTS 9 MONTHS 29 October 2026 Netcompany Denmark Netcompany SEE & EUI Netcompany UK Netcompany Norway In the first nine months of 2026, Netcom- Netcompany S
Slide 13: Continued Business Segments 9 months: Netherlands, Banking Services
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 CONTINUED BUSINESS SEGMENTS 9 MONTHS 29 October 2026 Netcompany Netherlands Netcompany Banking Services Revenue in Netcompany Netherlands in- In the first nine months of 2026 reve
Slide 14: Revenue visibility
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Revenue visibility Company Announcement No. 68/2026 29 October 2026 Revenue visibility1 reflects the expected For the public sector, revenue visibility Revenue visibility for the fiscal year 2026 revenue streams
Slide 15: Workforce
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Workforce Company Announcement No. 68/2026 29 October 2026 In Q3 2026, Netcompany employed an av- Avg. FTEs increased to 9,653 in Q3 2026 CLIENT FACING erage of 9,653 FTEs, which was an increase CLIENT FACING FRE
Slide 16: Capital and other financial positions
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Capital and other financial positions Company Announcement No. 68/2026 29 October 2026 Free cash flow and cash conversion rate1 tionally impacted as some of the invoiced Not 0-30 30-60 60-90 >90 Provi- Total In Q
Slide 17: Cash flow and other significant financial positions
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED CASH FLOW AND OTHER SIGNIFICANT FINANCIAL POSITIONS Funding and liquidity Capital structure Work in progress overview WORK IN PROGRESS The Group bank loa
Slide 18: Guidance 2026
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Guidance 2026 Company Announcement No. 68/2026 29 October 2026 Updated Updated Updated Original Actual target target target target performance Long-term targets Financial metrics in constant currencies Q3 2026 Q2
Slide 19: Shareholder information
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Shareholder information Company Announcement No. 68/2026 29 October 2026 Capital schemes were issued at 30 September At the Annual General Meeting in March 2026 of which 143,279 RSUs and 9,600 Financial calendar
Slide 20: Statement of the Board of Directors and Executive Management
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of the Board of Directors Company Announcement No. 68/2026 29 October 2026 and Executive Management Today, the Board of Directors and Executive the Group’s assets, liabilities and financial COPENHAGEN,
Slide 21: Consolidated interim financial statements
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 Consolidated interim financial statements 21 37
Slide 22: Income statement and Statement of comprehensive income
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Income statement and Statement Company Announcement No. 68/2026 29 October 2026 of comprehensive income DKK million Note Q3 2026 Q3 2025 YTD 2026 YTD 2025 Total 2025 Income statement Revenue 1,2 2,343.8 2,167.8 7
Slide 23: Continued income statement and statement of comprehensive income
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED INCOME STATEMENT AND STATEMENT OF COMPREHENSIVE INCOME DKK million Note Q3 2026 Q3 2025 YTD 2026 YTD 2025 Total 2025 Statement of comprehensive income Ne
Slide 24: Statement of financial position
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of financial position Company Announcement No. 68/2026 29 October 2026 30 September 30 September 31 December 30 September 30 September 31 December DKK million Note 2026 2025 2025 DKK million Note 2026 2
Slide 25: Cash flow statement
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Cash flow statement Company Announcement No. 68/2026 29 October 2026 DKK million Q3 2026 Q3 2025 YTD 2026 YTD 2025 Total 2025 Depreciation and amortisation recog- nised in the Cash flow Statement do not Operating
Slide 26: Statement of changes in Equity
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of changes in Equity Company Announcement No. 68/2026 29 October 2026 Foreign currency Share Treasury Share-based translation Other Retained DKK million capital shares remunera- subsidiaries reserves ea
Slide 27: Continued statement of changes in equity
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 29 October 2026 CONTINUED STATEMENT OF CHANGES IN EQUITY Foreign currency Share Treasury Share-based translation Other Retained DKK million capital shares remuneration subsidiarie
Slide 28: Segmentation
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 1 Segmentation 29 October 2026 United Banking Group Denmark SEE & EUI Norway Netherlands Kingdom Services DKK million Q3 2026 Q3 2025 % change Q3 2026 Q3 2025 Q3 2026 Q3 2025
Slide 29: Segmentation (continued)
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 CONTINUED Segmentation 29 October 2026 United Banking Group Denmark SEE & EUI Kingdom Norway Netherlands Services DKK million YTD YTD % YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD
Slide 30: Revenue split
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 2 Revenue split 29 October 2026 DKK million Q3 2026 Q3 2025 % change YTD 2026 YTD 2025 % change Revenue by type Revenue recognised over time 2,313.1 2,167.5 6.7% 7,147.9 5,57
Slide 31: Cost of services, administrative costs, financial income and expenses
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 3 Cost of services 29 October 2026 DKK million Q3 2026 Q3 2025 YTD 2026 YTD 2025 Total 2025 Cost of services -597.5 -559.6 -1,818.9 -1,198.0 -1,742.0 Salaries -1,047.4 -1,017
Slide 32: Earnings per share and business combinations
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 6 Earnings per share 29 October 2026 Q3 2026 Q3 2025 YTD 2026 YTD 2025 Total 2025 Earnings per share - EPS (DKK) 3.98 -1.44 11.51 2.33 5.48 Diluted earnings per share - EPS-D
Slide 33: Business combinations and contract work in progress
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 CONTINUED Business combinations 29 October 2026 On 1 May 2026, Netcompany completed end of 2030. The contingent consideration recognised at a total value of DKK 550m, the acquisit
Slide 34: Provisions and income statement classified by function
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 9 Provisions 29 October 2026 30 September 30 September 31 December DKK million 2026 2025 2025 Project provision 19.4 2.2 78.1 Provision for restructuring 196.3 319.6 212.6 To
Slide 35: Collateral, contingent liabilities and related party transactions
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 68/2026 NOTE 11 Collateral provided and NOTE 12 Related party 29 October 2026 contingent liabilities transactions As a part of the contract commitments There are no collaterals provided f
Slide 36: Formulas
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Formulas Company Announcement No. 68/2026 29 October 2026 Key figures and financial ratios have been compiled in accordance with the following calculation formulas. Days sales Trade receivables x days Organic Rev
Slide 37: Disclaimer
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Disclaimer Company Announcement No. 68/2026 29 October 2026 This report contains forward-looking state- Although Netcompany believes that the recruit and retain the right employees, and ments including, but not l