Selfinvest

USTC experiences a year of significant losses Share on Facebook Share on Linkedin Share on Twitter

Tue, Jun 25, 2024 09:00 CET

The financial year 2023/24 has proven to be an "Annus Horribilis" for USTC, owned by the Østergaard family. The landslide at Nordic Waste and other isolated losses have resulted in a significant decline in earnings. · Profit before tax for the year amounts to DKK 252 million, a substantial drop from last year's record result of DKK 2,926 million. · The continuing activities of the group delivered the second-best result in the Group's history with DKK 1,834 million, but large losses from the closure of individual activities amounting to DKK 1,582 million must be deducted. · Four

USTC and Selfinvest more than double their best consolidated annual result

Wed, Jun 21, 2023 07:43 CET

Despite geopolitical unrest, inflation, and volatile energy prices, family owned Selfinvest and its operating company USTC emerged with their best financial year to date. Strong results across all USTC companies have contributed to a record EBT of just above DKK 2.9 billion. · An EBT of just over DKK 2.9 billion, which is more than a doubling of last year’s EBT of DKK 1.2 billion. · Revenue grew by 25% from DKK 120 billion to DKK 150 billion. · Four USTC companies each contributed with an EBT of more than DKK 200 million, while a fifth landed just below. A clear underscoring of

USTC experiences a year of significant losses Share on Facebook Share on Linkedin Share on Twitter

USTC and Selfinvest more than double their best consolidated annual result

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