Beirholms Væverier A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Beirholms Væverier A/S is engaged in product development and marketing of industrial textiles for the textile service industry, whose end customers are hotels, restaurants, hospitals, nursing homes and cruise liners, primarily in Europe.
We aim deliver the most profitable, viable and sustainable solutions on the market for industrial textiles.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

The underlying trends in the industrial textiles market, in addition to continued consolidation among the major rental laundries, are strongly influenced by developments in the hotel and healthcare/care sectors.
Ongoing consolidation through acquisitions, new establishments, and investments in expanding laundry capacities have created a basis for increased competition among laundries, which naturally puts downward pressure on rental prices. Nevertheless, operating a rental laundry remains profitable, particularly when working with performance textiles from Beirholms Væverier.The hotel market has shown a stable to increasing level of bookings, especially in the Nordic region, which provides a solid foundation for demand for our textiles.
The healthcare/care segment is under pressure in certain areas in terms of profitability, resulting in an increased focus on cost-effective textiles.The market continues to show a strong and growing focus on sustainability, including the use of recycled polyester and the measurement and reduction of CO2 emissions in textile production. These are areas we have prioritized for many years, positioning us as a frontrunner.The producer market, particularly in Pakistan and India, has experienced significant turbulence due to uncertainties regarding export tariffs to the U.S., creating increased interest and price pressure on sales to Europe. Likewise, substantial fluctuations in the USD/EUR exchange rate have impacted price developments both upward and downward during the year.Competition in flat linen textiles has intensified, requiring even stronger collaboration with our production partners — partnerships that has proven their value in both textile development and production through a shared focus on meeting the evolving demands of a constantly changing market.Financial performanceFollowing a year (2023/24) with reduced demand for textiles in the flat linen segment, we are pleased to see that activity in 2024/25 has increased.
Revenue for the year rose from DKK 398 million to DKK 442 million, thus falling within the expected range of DKK 420–475 million stated in the 2023/24 annual report. Profit before tax of DKK 28 million also falls within the expected range of DKK 20–35 million. Overall, the company’s performance and results are considered satisfactory.OutlookDespite significant global political crises during the past year — absorbed remarkably well by the global economy — we enter 2025/26 with a positive outlook. Nevertheless, the market is expected to remain characterized by intense competition and continued pressure on margins. We anticipate further consolidation within the industry, alongside sustained investments in laundry capacity and automation. In addition, we expect market requirements for sustainable textile solutions to increase.The budget for the coming year projects a revenue in an expected range of DKK 440-475 million. The major uncertainty in this context is the realization of our expectations related to macro-economic development, but also ricing global political conflicts.Operating on positive expectations for the future, we persist in investing substantial resources, leading to an anticipated increase in costs for the coming year. Consequently, earnings are projected to be in line with this year, with a net result before tax in the range of DKK 20-35 million expected.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

No events materially affecting the Company's financial position have occurred after the financial year end.