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Wirtek (One-pager): Focus on profitability continues

Wirtek
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Last week, Wirtek reported its H1 2025 report. The macroeconomic uncertainty has affected Wirtek’s results, as revenue declined by -11% in the first half of the year. It should however be noted, that a large part of the negative growth is due to the completion of a major Danish client engagement. To align with the headwinds, Wirtek has implemented cost-saving initiatives that have ensured a return to positive EBITDA in Q2 2025, which is one quarter earlier than previously targeted. 

We have updated our investment case one-pager following the recent results and news. In addition to highlighting key investment reasons and risks, we have also updated the case with peer group valuation perspectives based on selected Danish IT companies and Nordic IT consultancy companies.  

Last week, Wirtek's CEO, Michael Aaen, also presented the company's Q2/H1 2025 results and answered questions from the audience in an online live event. In addition to recent results and news flow, the discussion focused on AI-related opportunities and threats, as well as current market conditions.
You can watch a recording of the presentation here: https://www.inderes.dk/videos/wirtek-presentation-of-q2-2025-interim-report

Disclaimer: HC Andersen Capital receives payment from Wirtek for a Digital IR agreement. /Kasper Lihn 09:30, 20 August 2025. 

WirTek is an IT company. The company is focused on developing software and hardware solutions that affect web, mobile and integrated complete systems. Operations are held on a global level, with the largest presence in the Nordic region and Europe, where customers mainly consist of small and medium-sized business customers. WirTek was founded in 2001 and is headquartered in Aalborg.

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