Freetrailer Group A/S raised its full-year guidance following a 26% year-over-year revenue increase in the second quarter, driven by fleet expansion and higher rental volumes. The company now expects net revenue of DKK 178–185 million for 2026, up from the prior DKK 168–178 million range, and EBIT of DKK 27–32 million at a 16–17% margin, compared with DKK 20–30 million previously.
Q2 2026 revenue reached DKK 49.95 million, compared with DKK 39.64 million in the same period last year, while first-half revenue totaled DKK 85.7 million. EBIT declined 19.8% to DKK 8.78 million, and profit before tax fell 18.7% to DKK 7.56 million, reflecting DKK 4.5 million in one-off investments in technology, sales expansion, and brand development. Cash reserves rose to DKK 41.4 million as of June 30, up from DKK 30.5 million a year earlier.
Rental activity grew 22.3% to 559,333 transactions in Q2, supported by a 23.7% increase in the active fleet to 7,268 units. Utilization dipped slightly to 87.8% from 88.6% in the prior year. Geographic performance varied, with Denmark maintaining the highest utilization rate at 94.4%, while Germany’s rate stood at 29.8% amid a 100% expansion in partner locations.
The company’s retail partner network expanded to 323 partners, up 35% year-over-year, with 658 new product agreements signed in the quarter. Freetrailer operates over 2,199 locations across Denmark, Sweden, Norway, Germany, and the Netherlands, and reported 1.31 million app users processing more than 1.8 million rentals annually. A DKK 20 million share buyback program is scheduled from August 31 to December 31, 2026.
Freetrailer will unveil its Strategy 2030 plan on September 17, including a pre-market announcement before 9:00 AM and a webinar at 12:30 PM. The company also plans to terminate its partnership with ByggMax in February 2027.
