Gabriel Holding A/S Raises Expectations for Fiscal Year 2024/25 for Continuing Operations

Gabriel Holding A/S has reported an 8-month revenue growth of 7% to 347 million kr, exceeding the company's initial expectations. The primary result (EBIT) increased by 18 million kr to 28.5 million kr. The company has revised its full-year 2024/25 revenue guidance to 495-520 million kr and EBIT to 25-35 million kr, up from 19.7 million kr in the previous year.

Gabriel Holding A/S (Copenhagen Stock Exchange: GAB) has reported a strong 8-month revenue growth of 7% to DKK 347 million, exceeding the company's initial expectations. The primary result (EBIT) increased by DKK 18 million to DKK 28.5 million. In light of these positive figures, the company has revised its full-year 2024/25 revenue guidance to DKK 495-520 million and EBIT to DKK 25-35 million, up from DKK 19.7 million in the previous year [2].

The company attributed the robust performance to a continued satisfactory order backlog and favorable market conditions. However, management noted that the challenging market conditions affecting the furniture industry are expected to persist in the second half of the financial year due to ongoing geopolitical risks and uncertain expectations regarding tariffs, inflation, currency conditions, and interest rate developments [2].

Gabriel Holding A/S, through its FurnMaster subsidiary, continues to operate in the global furniture manufacturing sector. Despite the challenging market conditions, the company remains optimistic about its future prospects. The company's global furniture manufacturing operations remain up for sale, generating a negative pre-tax profit contribution of DKK 4.9 million in the first eight months of the year [2].

The revised financial projections reflect Gabriel Holding A/S's confidence in its ability to navigate the current market conditions and maintain its growth trajectory. Investors and financial professionals should closely monitor the company's progress and remain informed about any further updates or changes in its financial outlook.

References:
[1] https://seekingalpha.com/news/4461511-nextnrg-reports-preliminary-may-2025-revenue-growth-of-148-yoy
[2] https://www.globenewswire.com/news-release/2025/06/25/3104799/0/en/Gabriel-Holding-A-S-upwardly-adjusts-its-expectations-for-the-financial-year-2024-25-for-the-continuing-operations.html