Nasdaq CopenhagenIFRS · DKK

Tresu Group Holding A/S

Tresu Group Holding A/S is a Danish industrial group centered on printing and converting machinery used in packaging production. Through its operating activities, the company serves customers that need specialized equipment for applying coatings, inks, and other functional layers in industrial print processes.

Liikevaihto313milj. DKK
−8,0 %v/v
Liikevoitto (EBIT)−45,7milj. DKK
+57,1 %v/v
EBIT-marginaali−14,6%
+16,7 %-yks.v/v
Nettotulos−83,7milj. DKK
+42,8 %v/v
Vapaa kassavirta−21,3milj. DKK
−125,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−2000200400milj. DKK2021: 341 milj. DKK2021: EBIT −52 milj. DKK20212022: 359 milj. DKK2022: EBIT −155 milj. DKK20222023: 389 milj. DKK2023: EBIT −189 milj. DKK20232024: 340 milj. DKK2024: EBIT −106 milj. DKK20242025: 313 milj. DKK2025: EBIT −46 milj. DKK2025313−46
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Printing and coating equipment55 %

Specialized machines used to apply inks, coatings, and functional layers in packaging and industrial print applications.

Converting and web handling systems25 %

Equipment that moves, guides, and processes flexible materials through production lines.

Service and aftermarket20 %

Spare parts, technical support, maintenance, and field service for installed equipment.

Asiakkaat

Tresu sells to industrial customers that operate packaging and printing production lines, especially converters and packaging manufacturers. These buyers need equipment that supports high-quality, repeatable production and often purchase both new machines and ongoing service support. Demand is tied to capital spending, installed-base maintenance, and the need for efficient packaging production.

Packaging converters

Buy printing and converting equipment for packaging lines and value process quality and throughput.

Industrial printers

Purchase coating and print systems for specialized industrial applications and repeatable output.

Packaging manufacturers

Invest in machinery and upgrades to improve production efficiency and product quality.

Installed-base service customers

Buy spare parts, maintenance, and technical support to keep equipment operating.

Strategia

Tresu’s strategic position depends on specialized equipment know-how, customer service, and the ability to support installed machinery over time. The company’s position is strengthened when it can win repeat business through technical performance, spare parts availability, and integration into customer production lines. Scale, reliability, and application expertise are important differentiators in this type of equipment market.

Protect technical differentiationKeskipitkä aikaväli

Specialized machinery markets reward performance, reliability, and process know-how.

Grow aftermarket revenueLyhyt aikaväli

Parts and service help stabilize revenue and deepen customer relationships.

Expand export reachKeskipitkä aikaväli

The company serves industrial buyers beyond Denmark, so market access matters.

Maantiede

Tresu is headquartered in Denmark and appears to serve an international customer base through export-oriented industrial operations. The business is likely exposed to demand patterns in packaging and printing markets across Europe and other manufacturing regions, where capital spending cycles can vary by country and end market. Its Danish base also ties the company to Nordic industrial labor, engineering, and supplier ecosystems.

Riskit

Tresu is exposed to cyclical capital spending by packaging and printing customers, which can delay machine orders and reduce visibility. The business also faces execution risk in a niche industrial market where product performance, service quality, and installed-base support directly affect customer retention. Like other equipment makers, it is exposed to supply-chain disruption, project timing, and the risk that customers postpone upgrades during weaker market conditions.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Cyclical equipment demand1Customer concentration2Supply-chain and delivery disruption3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Cyclical equipment demandVaikutus: KorkeaTodennäköisyys: Korkea

    Customers can delay capital expenditure on printing and packaging machinery.

    Kohdistuu: New equipment sales

  2. Customer concentrationVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    A niche industrial base can leave the company reliant on a limited number of buyers.

    Kohdistuu: Industrial packaging accounts

  3. Supply-chain and delivery disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Machinery businesses depend on timely sourcing of components and subassemblies.

    Kohdistuu: Equipment production and delivery

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Machine sales, installation work, and service contracts may be recognized at different times.

Vaikutus: Affects reported revenue timing and margin comparability

Warranty provisions

Engineered machinery often carries post-sale support obligations and claims risk.

Vaikutus: Affects operating expenses and liabilities

Inventory valuation

Custom equipment and components can require write-downs if demand slows or parts become obsolete.

Vaikutus: Affects gross margin and balance-sheet carrying values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026