Investor Relations

Proven track record of double-digit growth in both revenue and earnings for the past 8 years.

Interim Financial Report Q2 2021

Succesful CoreBuild acquisition with high impact

Revenue growth by 46% during Q2 2021 compared to Q2 2020. 
 
Significant one-time costs related to especially the CoreBuild acquisition impacted the EBITDA for Q2 2021. 
Download report
Q2_report_cover

Who is Wirtek

Wirtek is a Danish IT outsourcing company. We team up with companies to help them create great software solutions and electronic equipment products. With us, people come first and we’re happy to have a team of great minds, with their hearts in the right place. And this changes everything, from the quality of the service to the attention we give to our client's business. Our clients get top-notch technical solutions and a committed team that works with them as if it were their own. We have a proven track record of creating strong financial results and our long-lasting client partnerships give us a unique position for future growth.

Corporate governance

Wirtek has a two-tier management structure consisting of the Board of Directors and the Senior Management Team. 

See the corporate governance team

The purpose of Wirtek’s Investor Relations activities is to maintain an open, transparent, and consistent communication with the market and its stakeholders.

See the Investor Relations Policy

Why invest in Wirtek

Profitable growth

With a scalable business model and a flexible cost structure, we have been able to grow profitable year after year. During the past 3 years revenue has grown annually by 24% (CAGR) while EBITDA have increased annually by 44% (CAGR). We expect an average annual growth of 30% over the five years to FY2025.

Loyal clients

60% of our clients have been with us for more than 5 years although we constantly partner up with new clients. Our clients trust us and stay with us because we meet or exceed their expectations and make a real difference to their business success.

Huge market potential

The global IT outsourcing market is predicted to grow 7,7% annually and reach a value of USD 938 billion by 2027. Less than 30% of our revenue currently comes from clients outside Denmark, with a goal of exploring international opportunities even more in the coming years.

Our Accelerate25 Strategy

Accelerated profitable growth of average 30% annually.

Soundly based on our strategic foundation of profitable growth, our financial and operational goals by fiscal year 2025 are:

Read about our strategy

Financial Goals

DKK 100m

annual revenue by FY 2025

DKK 10m

pre-tax earnings by FY 2025

>6%

EBITDA margin each year

Operational Goals

1

sourcing location outside Romania by 2025

>90%

employee retention rate from 2023

Wirtek facts

180-colleagues

180+ colleagues – our most valuable asset serving clients in Denmark and internationally every day.

development_centers

Four development and test centers in Romania. Large benefits from operating within the borders of the European Union.

low_risk

Low business risk. No clients account for more than 18% of revenue and no dependency on any specific industry.

transparency

High level of transparency. 80% of our revenue is in place at the beginning of the year.

shareholder_value

Focus on shareholder value. Dividend payment of DKK 0,2 per share in 2021.

Nasdaq Copenhagen Announcements

Read our recent company announcements published on Nasdaq Copenhagen and access the announcements archive. Please note that prior to November 2020 all our Nasdaq announcements were published in Danish.

Selskabsmeddelelse nr. 18.2021 - October 8, 2021

Offentliggørelse af ledende medarbejders transaktioner med Wirtek-aktier

I henhold til artikel 19 i Europa-Parlamentets og Rådets forordning (EU) nr. 596/2014 om markedsmisbrug (med senere ændringer) skal ledende...

Find out more
Selskabsmeddelelse nr. 17.2021 - September 9, 2021

Offentliggørelse af ledende medarbejders transaktioner med Wirtek-aktier

I henhold til artikel 19 i Europa-Parlamentets og Rådets forordning (EU) nr. 596/2014 om markedsmisbrug (med senere ændringer) skal ledende...

Find out more
Company Announcement no. 16/2021 - September 7, 2021

Strategic order for Cybersecurity services to large US client

Wirtek welcomes continued growth in the third quarter with a Cybersecurity team dedicated to supporting one of Wirtek’s existing large...

Find out more
Company Announcement no. 15/2021 - August 30, 2021

Termination of liquidity provider agreement, recruitment of a CFO and approval of long-term incentive program

The Board of Directors for Wirtek A/S has today decided the following:

Find out more
All announcements

Events and presentations


6 October 2021

Aktieinfo

Michael Aaen talked about the outlook for Wirtek at the latest investor event organized by Aktieninfo in Kolding.

Watch the presentation here.


13 August 2021
Our CEO Michael Aaen joined the Unge Investorer"CEO meets Young Investors" event for a presentation discussing Wirtek's half-year financial report, on Friday, August 13. 

Direct link to the video presentation:

 


8 June 2021

Aktieinfo

Check out the presentation our CEO, Michael Aaen, made at the investor event organized by Aktieinfo, Tuesday the 8th of June 2021, at the Scandic Hotel, Sydhavn, Copenhagen.

 


21 May 202112265014-1616065342692-c8f17d540c338

On Friday, 21 May, Wirtek’s CEO, Michael Aaen was invited for a presentation at this investor event organized by Ophelia Invest (in Danish). 

More details here. 


18 May 2021

Aktieinfo published an analysis based on Wirtek’s Q1 results for 2021.Aktieinfo

Read the full Analysis here. 


9 March 2021
On Tuesday, 9 March, CEO Michael Aaen presented results for 2020 and the new Nordnet_logo_stacked_black_pngAccelerate25 growth strategy, followed by a Q&A session (in Danish).

Check out the video on Nordnet.


28 January 2021
Our CEO Michael Aaen Unge Investoreranswered written questions from young investors on the Danish Facebook group 'Unge Investorer' from 15:00 - 16:30 on Thursday, January 28. 

Direct link to the relevant debate forum on the 'Unge Investorer' Facebook page: https://www.facebook.com/groups/ungeinvestorer/permalink/892442544825948


10 November 2020
Dansk Aktionærforening (DAF) hosted the InvUgen2020_BannerInvestorUgen (Investor Week) event from November 10 - 14, 2020. Our CEO Michael Aaen presented Wirtek and the significant growth potential in IT outsourcing  on November 10 at 14:45. 

The presentation can be downloaded here.

View the investor presentation video:

 


Our CEO Michael Aaen was interviewed on the 23493403-mk-pinvestor show “Millionærklubben” on 13 October 2020. On that day, the show focused on the “old” companies listed on the Nasdaq First North Growth Market in Copenhagen. As the third company listed in Denmark back in 2006, we definitely qualifiy as such. You can find the interview with our CEO here (approx. 18 minutes into the podcast - in Danish). 


 

Investor relations contact

Michael Aaen, CEO

Phone: +45 7214 6660
Mobile: +45 2529 7575
E-mail: michael.aaen@wirtek.com

Wirtek's Certified Advisor

Per Vestergaard Andersen

CDI Global ApS
Vestre Havnepromenade 5, 5th floor
9000 Aalborg, Denmark
Phone: +45 9811 0055
Mobile: +45 2176 4317
E-mail: pva@cdiglobal.dk

Articles of association

Wirtek's Articles of Association are in Danish. For information about our Articles in English, please contact us at ir@wirtek.com

Download the Articles of Association here

Extraordinary General Meeting

Wirtek held an extraordinary meeting on 27 May 2021.

Read the minutes here

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