June 30, 2025
Vestergaard Company A/S today announces the strongest financial performance in its history. For the fiscal year 2024/25, the company achieved revenue of just over DKK 1.3 billion — representing a remarkable 53% increase compared to the previous year. The company delivered an operating profit margin of 17%, with a net profit of DKK 163 million after tax.
Including its subsidiary Kalmar Motor AB, part of the Vestergaard Company Group, the total consolidated revenue now exceeds DKK 1.5 billion.
“We are very proud to present these record-breaking results. They are the culmination of years of strategic focus, global expansion, and continuous strengthening of our product portfolio. This performance is also a testament to the dedication and quality delivered every day by our more than 500 employees,” says Stefan Vestergaard, CEO of Vestergaard Company.
Cautious Optimism Amid Global Uncertainty
Despite the strong momentum, Vestergaard Company takes a conservative approach to the coming fiscal year. Citing a range of geopolitical and economic uncertainties — including challenges in global supply chains and geopolitical tensions — the leadership team has set a growth target of 5% for the fiscal year 2025/26.
“We have a strong foundation and a robust pipeline, but we also recognize the disruptions affecting the global economy. As such, we have chosen a balanced and realistic outlook for the year ahead,” says Stefan Vestergaard.
About Vestergaard Company
Vestergaard Company is a global leader in specialized ground support solutions for the aviation industry. Headquartered in Roskilde, Denmark, with subsidiaries and manufacturing operations in multiple countries, the company is recognized for its commitment to innovation, sustainability, and quality. With a strong focus on electrified and automated ground handling equipment — and following the acquisition of Kalmar Motor AB — Vestergaard Group has further reinforced its leading position in the market.
