Ib Andresen Industri A/S, an internationally oriented supplier specializing in steel and metal processing, generated revenue of DKK 909 million in 2025 and delivered a profit before tax of DKK 28 million. Management considers the result satisfactory in a year marked by lower market activity and organizational adjustments.
Activity levels and earnings in 2025 were significantly negatively impacted by reduced order intake, most notably following the situation related to Better Energy A/S, which filed for bankruptcy in February 2025. In addition, the year included non-recurring costs related to simplification and adjustment of the organization in response to that and the changed market conditions.
“2025 was a year of necessary adjustments in response to a lower level of activity. Our focus has been on ensuring a robust and efficient organization that is well positioned for future growth,” says Frank Wegener, CEO of Ib Andresen Industri A/S.
During the financial year, the Company completed a tax-exempt merger with the former parent company, IAI Holding A/S, with Ib Andresen Industri A/S as the continuing entity. The merger was carried out to simplify the group structure and achieve administrative and operational synergies, without changing the Company’s core activities.
For 2026, the Company expects an increase in activity to around DKK 1 billion and anticipates a profit before tax in the range of DKK 40–70 million, driven by strengthened sales efforts, focus on local market presence and a more streamlined organization.
“We enter 2026 from a significantly stronger position and see clear indications of increasing activity and improved profitability,” Frank Wegener concludes.