MT Højgaard Holding: Announces DKK 650m energy infrastructure order - ABG

DKK 650m order over eight years
Renovation and expansion of electrical distribution network
Strengthens footprint within structural growth segment


Collaboration with Siemens Energy

MT Højgaard Holding (MTHH) has today announced that its MTH DK division has been awarded a DKK 650m order by Siemens Energy as part of Siemens Energy's partnership with the public Danish energy infrastructure company Energinet.

The order involves construction work pertaining to renovation and expansion of the the electrical distribution network in the Western part of Denmark.

Given that this particular order is expected to be delivered over a period of eight years, the average annual revenue contribution is limited but contributes to MTHH's strategic ambitions of increasing its footprint within, and tapping into the structural growth within energy renovation activities in Denmark.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/mt-hojgaard-holding/Equity-research/2024/5/mt-hojgaard-holding---announces-dkk-650m-energy-infrastructure-order/