2024-08-13
Interim report for 1 January – 30 June 2024
Robust financial development. Second tranche of the share buyback programme increased by DKK 250 million to DKK 750 million
Highlights
Outlook for 2024
5-6%
Organic Growth
Above 5%
Operating margin
Above DKK 1.8 Billion
Free cash flow
Kasper Fangel, Group CEO, ISS A/S
“I’m pleased that we continued to meet our financial and operational targets in the first half of 2024. I am especially pleased that our operating margin is improving in line with our expectations. Our growth and robust financial performance are the results of our steadfast focus on managing inflationary pressure, as well as the outstanding, dedicated efforts of our placemakers, who deliver value to our customers every day. We have successfully mobilised new large customer contracts, such as DEFRA and the Danish Building and Property Agency, and we are well on track to deliver on our targets for the full year. Due to the strong liquidity position and cash flow outlook, we are today able to increase our share buyback programme with DKK 250 million for the next six months.”