Schouw & Co Q4 Revenue Falls 1.6% While BioMar EBITDA Reaches DKK1.52 B
Schouw & Co reported Q4 revenue dipped 1.6% to DKK34.1 billion, while record cash flow reached DKK2.9 billion with ~100% conversion. BioMar volume surged 13% and EBITDA rose 2.7% to DKK1.52 billion, and 2026 EBITDA guidance stands at DKK2.9–3.2 billion.
1. Q4 Financial Performance
Schouw & Co reported a 1.6% decline in Q4 2025 revenue to DKK34.1 billion, driven by lower raw material prices and adverse currency movements. The company generated record cash flow of DKK2.9 billion, achieving nearly 100% cash conversion.
2. GPV and BioMar Subsidiaries
GPV’s EBITDA rose 2.5% to DKK641 million thanks to operational efficiencies. BioMar delivered a 13% increase in volume and a 2.7% EBITDA uplift to DKK1.52 billion, marking its highest quarterly profit to date.
3. 2026 EBITDA Guidance
Management expects overall EBITDA of DKK2.9–3.2 billion in 2026, reflecting planned product innovations and commercial excellence programs across five of six business units. Profit contributions are anticipated from improved performance in BioMar and GPV.
4. Strategic Investments and Expansion
BioMar plans a DKK250 million capacity expansion in Ecuador, with timing dependent on land acquisition and regulatory approvals. Borg’s Refine4Future strategy targets short-term improvements and includes relocations to Poland and Tunisia to boost ROIC.