Mekoprint Executive Management Team: Anders Kold (CEO), Tina Rysgaard Vennevold (COO) & Torben Jensen (CFO)

Mekoprint has published its Annual Report for 2024/25. The financial year was characterised by lower market activity and a strategic focus on the full integration of three key acquisitions, which weighed on earnings in the short term. With the integration process now in its final phase, Mekoprint emerges with a strengthened and more scalable business and expects a significant uplift in earnings in 2025/26.

Mekoprint Holding A/S increased revenue by 11% in 2024/25, from DKK 799 million in 2023/24 to  DKK 885 million. Revenue was, however, more than DKK 50 million below expectations, primarily due to lower-than-anticipated market demand and continued market volatility – particularly in the early part of the financial year. At the same time, the Group maintained its investments in continued growth and carried out a more extensive integration of strategic acquisitions than originally planned. As a result, profit after tax amounted to close to break-even at DKK 55,000.

"We have navigated several unforeseen market fluctuations while prioritising a more extensive integration of our strategic acquisitions, despite the short-term negative impact on earnings. As a result, we have succeeded in building a stronger and more resilient Mekoprint — and that foundation is now firmly in place."

CEO, Mekoprint

Anders Kold

Strategic acquisitions strengthen competitiveness

In 2024/25, Mekoprint maintained a strong focus on the integration of the acquisitions of Metalwo, Mikkelsen Electronics and Dahlitech. The integration has included, among other initiatives, the closure of two production facilities and the relocation of customer activities, capabilities, and technologies to existing Mekoprint sites in Denmark, Poland and Serbia.

 

With the final integration of the acquisitions onto Mekoprint’s IT platform in 2025/26, the Group will be further strengthened with a more competitive and scalable business, enhanced combined capabilities and a significantly improved earnings potential.

"We now have a more fully integrated Mekoprint, with stronger foundations for efficient operations and improved profitability. The major integration costs were incurred in 2024/25, providing a completely different starting point going forward."

CEO, Mekoprint

Anders Kold

At the same time, customers place significant emphasis on Mekoprint’s continued long-term investments in increased sustainability, which have been maintained despite temporarily lower earnings. In the 2024/25 financial year, Mekoprint was once again awarded a Gold Medal for sustainability by the recognised global organisation EcoVadis. Among other initiatives, Mekoprint has continued its efforts in energy optimisation, resulting in a 38% reduction in CO₂ emissions relative to revenue growth since 2020/21.

 

Strengthened position in defence-related deliveries

The completed acquisitions have also been a key prerequisite for Mekoprint’s ability to scale selected deliveries to defence-related customers. Driven by increasing market demand, defence customers accounted for more than 25% of the Group’s order backlog during parts of 2024/25. At present, this development appears set to continue, with growing demand from both existing and new defence-related customers, reflecting a strong alignment with Mekoprint’s focus on secure, high-quality and flexible delivery of complex solutions.

 

Positive outlook for 2026

With the integration of acquisitions completed, more stable demand and a strengthened foundation, Mekoprint expects in 2025/26 to increase revenue to approximately DKK 1 billion and improve profit after tax to DKK 30–40 million. These expectations are based on increased capacity utilisation, lower fixed costs and a continued focus on efficient and profitable operations.

 

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