Wirtek has a long-standing tradition of paying dividends to its shareholders, but after a challenging 2025, the dividend has been put on hold this year.
Wirtek held its annual general meeting last week, where it was ultimately decided that no dividend will be paid in 2026. This should be seen in light of the company reporting a negative result in 2025, as well as a desire to continue its strategic investments, including in artificial intelligence.
Despite not paying a dividend in 2026, the company has maintained its distribution policy. This states that excess liquidity will primarily be used to repay interest-bearing debt if such debt exceeds EBITDA (gearing above 1). At the end of 2025, interest-bearing debt amounted to DKK 8.3 million, and by comparison, EBITDA for 2026 is expected to be between DKK 3–6 million.
Any additional excess liquidity will, according to the distribution policy, be allocated to investments in the company’s existing business or acquisitions that support or expand its business areas. Finally, excess liquidity may be used for dividend payments or share buyback programs.
There is no prospect of a dividend in 2026, marking the first time in nine years that Wirtek will not pay a dividend. In the period from 2017 to 2025, a total of DKK 2.05 per share was distributed. However, the financial expectations for the year indicate that the implemented cost optimizations will result in an improvement in operating profit, with expected growth of 76–253% measured by EBITDA.
In addition, the company is focused on executing its new strategy, which includes increasing productivity through AI-assisted execution. At the same time, a dedicated AI team has been established to lead the company’s technical transformation.