Today's share news 08/11/2026: Inderes and Trifork
Summary
- Inderes reported a 14.1% increase in Q2 2026 revenue to 5.9 MEUR, with H1 revenue growing by 8.7% to 11.4 MEUR, driven by a 23% growth in the Software business and a significant improvement in the EBITA margin.
- Inderes maintains its guidance for higher revenue than 2025 and an EBITA margin of 10 to 13% for 2026, attributing progress to economies of scale in the Software business and stable Research development.
- Trifork's subsidiary, Nine, secured a four-year contract valued at 50 MDKK with the Danish Agency for Higher Education and Science, highlighting the increasing prominence of the public sector in its revenue.
- Trifork's public sector revenue share rose to 45% in Q1 2026, with organic growth driven by new e-health and sovereign data engagements, ahead of its H1 2026 interim report release on August 17th.
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Automatic translation: Originally published in undefined 11/08/2026, 06:49 GMT. Give feedback here.
Inderes released its H1 2026 financial report this morning, with the figures showing clear progress in both growth and earnings, and an acceleration in Q2 in isolation. Revenue in Q2 increased by 14.1% to 5.9 (5.2) MEUR, while H1 revenue reached 11.4 (10.5) MEUR, corresponding to a growth of 8.7%. The growth is broadly based, but it is particularly the Software business that is driving the increase with a growth of 23% in H1. AGM services also contributed solidly to project revenues, which rose by 9.1% in H1. The EBITA margin improved significantly, with Q2 ending at 13.5% (2.6%), and the adj. EBITA margin for H1 was 11.4% (11.3%), in the upper part of the company's guidance of 10 to 13% for the year. The progress is primarily due to economies of scale in the Software business, where profitability turned clearly positive, as well as stable development in Research. Management maintains its guidance for higher revenue than in 2025 (19.1 MEUR) and an EBITA margin of 10 to 13% for 2026. We will host an event with management later today, where you can ask questions live. https://www.inderes.dk/videos/inderes-presentation-of-h1-2026-results
Trifork announced a new contract this morning, stating that its subsidiary, Nine, has won a four-year contract with the Danish Agency for Higher Education and Science. The contract has an estimated value of 50 MDKK. This news adds to a clear trend in Trifork's recent financial reports, where the public sector segment is becoming increasingly prominent. In 2025, public customers accounted for 42% of the group's revenue, and in Q1 2026, this share rose to 45% (Q1 2025: 40%), with organic growth of 8% year-over-year driven by new engagements in e-health and sovereign data solutions. Trifork will release its H1 2026 interim report on August 17th at 1:00 PM. The focus is expected to be on the progress of the product-oriented transformation, margin development, further details on the divestment of labs companies, whether the increased win-rate in the public segment has continued, and if there is increased demand for sovereign data and AI solutions following recent debates. We will host an event with management in this regard, where you can ask questions. https://www.inderes.dk/videos/trifork-praesentation-af-h1-2026-samt-qanda
Disclaimer: HC Andersen Capital receives payment from the mentioned companies for a Digital IR subscription agreement. /William Jørck on 08/11-2026 at 08:49 AM.