Damcos Holding A/S

Ledelsesberetning

Profit for the year (including comparison with forecasts previously announced) Profit after tax is DKK 61.1 million against DKK 39.9 million in 2022/23. In 2023/24 there was a dividend payment of DKK 60.0 million from Damcos A/S affecting profit positively. Management considers the performance for the year satisfactory. Subsidiaries Damcos Holding A/S is the parent company for Damcos A/S which has operating subsidiaries in Korea and China. Capital resources The Company’s equity amounts to DKK 374.3 million at 30 September 2024 (2023: DKK 313.2 million) representing an equity ratio of 99.9% (2023: 99.9%). Outlook It is Management's expectation that the market activity in the subsidiary will increase in 2024/25, however, it may be inhibited by political uncertainty and protectionism. The subsidiary is financially strong and prepared if the activity decreases again. The subsidiary continues to adjust costs to the new market situation and to invest in new technology. Overall, a continued good margin is expected at the same level as last year. Events after the balance sheet date There are no significant events after the end of financial year.

Beskrivelse af virksomhedens væsentligste aktiviteter

Operating review Principal activities Damcos Holding A/S’ primary activity is the 100% ownership of Damcos A/S including subsidiaries.