Annual rank51
Denmark · Industrials
MT Hoejgaard Holding
Develops, plans and executes projects across construction, civil engineering, infrastructure and the green transition.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Two Danish builders spanning infrastructure and occupied renewal
MT Højgaard Holding is the strategic owner of two independent Danish construction businesses, not one contractor taking the same role on every project. MT Højgaard Danmark handles civil engineering, infrastructure, newbuilds and transformation; Enemærke & Petersen concentrates on refurbishment, new construction, building services and strategic partnerships. The holding company sets direction and supports knowledge sharing. Its 2026-2028 plan keeps newbuilds, raises infrastructure's portfolio share and coordinates refurbishment, while Denmark is now the operating centre after the international wind-down.
Group and strategy
Two specialists, one deliberately Danish 2028 portfolio
MT Højgaard Holding says its two units run more than 300 active projects across Denmark. Its 2026-2028 strategy seeks a larger share of infrastructure revenue, stronger collaborative newbuilds and better-coordinated refurbishment. In April 2026, completion of the Arssarnerit sale in Greenland closed the group's international wind-down; the operating story is therefore Danish rather than a global-contractor narrative. On the same horizon, the group targets 80% recirculation of construction waste by 2028 and lower operational and value-chain emissions.
- Map the two operating businesses Distinct capabilities, active ownership and more than 300 Danish projects
- Read the 2026-2028 portfolio choices Newbuilds, infrastructure and coordinated refurbishment
- See the strategy enter operation Business-unit changes, Danish focus and current project mix
- Open the 2028 sustainability targets Emissions, material recirculation, safety and training
Transport and marine works
A finished harbour, a tunnel under construction and a metro in design
Rønne Harbour shows finished marine work: MT Højgaard Danmark used 600,000 tonnes of stone, extended the outer breakwater by 450 metres and continued from Phase 2 into Phases 3 and 4 for client Rønne Havn. At Nordhavn, its BESIX joint venture is casting a 1.4-kilometre tunnel for the Danish Road Directorate; a short official drone film shows the site. Separately, MT Højgaard Danmark, Cobe and Ramboll are only in Phase 1 on a planned 1.6-kilometre elevated M4 extension with two provisionally named stations, intended to open in 2030.
- Walk Rønne Harbour's three phases Breakwater, local stone, quays, ramps and contractor boundary
- Enter the Nordhavn Tunnel worksite In-situ casting, joint-venture role and Danish Road Directorate client
- Follow the future M4 extension Early design, elevated railway, provisional stations and 2030 target
- ▶ VideoWatch: Nordhavn's largest concrete pour Official 32-second language-neutral film of a 1,600-cubic-metre base slab
Complex facilities
Thirty-one accommodation blocks, 75,000 pallets and an electric-train workshop
In a Danish Armed Forces public-private partnership, MT Højgaard Danmark is constructing 31 accommodation buildings with 1,600 rooms at 11 sites; Raunstrup will operate and externally maintain them for 20 years after construction. For CAMPUS 4, MT Højgaard Danmark holds the turnkey construction contract on a 63,000-square-metre UNICEF world warehouse designed for more than 75,000 pallets. By & Havn is developing the facility for the Danish Building and Property Agency as tenant and UNICEF as user. The company also completed DSB's 11,500-square-metre electric-train workshop at Godsbanegården. An English OpenBIM film shows how an earlier laboratory project integrated digital design and construction.
- Map the Armed Forces partnership Ordering authority, construction role, room count and 20-year operation
- Tour the planned UNICEF world warehouse Automated high-bay storage, pallet capacity and turnkey team
- Trace the warehouse stakeholder chain Developer, tenant, user and turnkey-contractor roles
- See DSB's electric-train workshop Completed workshop, rail facility and client handover
- ▶ VideoWatch: OpenBIM on a laboratory build Official three-minute English digital-delivery case
Occupied renewal
Renovation timed around the people still living there
Enemærke & Petersen plans occupied refurbishment around residents, not just building fabric. Folehaven covers 972 homes, with repeated weekly production rhythms and work scheduled from September 2026 to March 2031. At Langkærparken, 860 apartments housing about 2,000 people were upgraded while occupied, with each stairwell completed in a nine-week cycle. At Åhaven, the contractor built 363 social homes on retained point foundations and says almost all demolished materials were recirculated for reuse or recycling. The housing organisations remain clients; Enemærke & Petersen is the contractor.
- Read the occupied-renovation method Resident dialogue, process planning and construction around daily life
- See Folehaven's weekly rhythm One gable, roof or stairwell at a repeatable production pace
- Track nine-week stairwells at Langkærparken 860 homes, about 2,000 residents and occupied energy renewal
- Follow materials through Åhaven Retained foundations, 363 homes and large-scale recirculation
- ▶ VideoWatch: renew two occupied housing blocks Official 108-second language-neutral Sjælør Boulevard project film
Official profile sources: Our history | MT Højgaard Holding · Home page | MT Højgaard Holding
Current 2026 update
What has changed in 2026?
Contract announced on 18 June 2026 · 18 June 2026
Contract announced on 18 June 2026latest official update
4company-specific highlights
−48%2026 stock return · context only
Revenue and EBIT
Q1 revenue fell to DKK 2,153 million from DKK 2,625 million, while EBIT fell to DKK 67 million from DKK 98 million.
Order intake
Order intake rose 92.7% to DKK 4,998 million.
EBIT outlook lowered
On 3 June, MT Højgaard Holding lowered 2026 EBIT expectations to DKK 225–275 million from DKK 400–450 million; revenue expectations remained DKK 10–10.5 billion.
Solbakken contract
Enemærke & Petersen secured a DKK 302 million turnkey contract to modernise Solbakken in Odense, covering 267 homes with handover planned for mid-2029.
Official 2026 sources: Interim report for the first quarter of 2026: High order intake and unchanged expectations · 8 May 2026 · MT Højgaard Holding adjusts earnings expectations for 2026 after settlement in the Nordhavn Tunnel project · 3 June 2026 · Enemærke & Petersen to modernise Solbakken in Odense · 18 June 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 51 | +26% | +2180% | +266% |