NTG Nordic Transport Group A/S

NTG

Equity

ISIN DK0061141215 / Valor 47685860

Nasdaq Copenhagen Equities (2025-11-18)

DKK 174.80-2.89%

NTG Nordic Transport Group A/S
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About company

NTG Nordic Transport Group A/S operates as a global freight forwarding company, specializing in the planning, organization, and negotiation of customized transport solutions across various modes of transportation including road, rail, air, and ocean. With a strategic presence in more than 20 countries, the company leverages its extensive network to offer tailored logistics services designed to meet the diverse needs of its international customer base. NTG is committed to delivering sustainable progress and value to its stakeholders, positioning itself as a key player in the logistics and transportation industry by ensuring the efficient and reliable movement of goods across global supply chains.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Net revenue for Q3 2024 increased by 17.0% to DKK 2,296 million compared to DKK 1,963 million in Q3 2023, driven by strategic acquisitions and higher freight rates.

Profitability Decline

Gross profit saw a modest growth of 2.7%, reaching DKK 456 million in Q3 2024, while adjusted EBIT declined by 29.2% to DKK 114 million, primarily due to increased freight costs and lower gross profit yields.

Strategic Acquisitions

During the quarter, NTG Nordic Transport Group A/S completed four acquisitions, enhancing its road network in Europe and strengthening its Air & Ocean network in the APAC region, supporting future growth initiatives.

Full-Year Guidance

The company has updated its full-year 2024 guidance, expecting adjusted EBIT to be in the range of DKK 500–550 million, adjusting downward from the previous range of DKK 500–580 million due to lower than anticipated market growth.

Operational Challenges

Both the Road & Logistics and Air & Ocean divisions experienced pressure on margins, with gross margins decreasing to 19.9% in Q3 2024 from 22.6% in the previous year, influenced by higher operational costs and competitive market conditions.

Summarized from source with an LLMView Source

Key figures

-40.3%1Y

-23.3%3Y

-2.89%5Y

Performance

35.7%1Y

39.4%3Y

43.9%5Y

Volatility