News
Published
26 September 2025
Last Updated
02 September 2026
15 min read
Despite a challenging market, DS Gruppen delivered a solid result for 2024/25. With ESG as a key strategic priority, continuous innovation and a strong focus on employees, the Group is maintaining its leading position in turnkey contracts, concrete and steel structures, and roofing and façade solutions.
PRESS RELEASE Hobro, 26 September 2025
Revenue: DKK 3 billion
Profit before tax: DKK 251 million
Employees: approx. 800
Geographical presence in 6 countries
(Financial year: 1 April 2024–31 March 2025).
In an environment characterised by economic uncertainty and increased competition, the Group succeeded in delivering a stable result while also implementing its planned strategic initiatives.
“We are proud to have achieved a solid result despite market dynamics. Our decentralised structure and systematic processes form the foundation for quality, speed and cost-effectiveness,” says co-CEO Morten Kaad.
Anette Storm, CEO of DS Flexhal, is pleased with the year’s results. “We completed a number of turnkey contracts, with DGNB or BREEAM® certification achieved for every project in Denmark. Rigorous project management ensured the quality for which we are known – and delivery on time. I am proud of that,” she explains, continuing: “The collective effort of all our teams and departments is invaluable. We are pleased and proud to be constructing more multi-storey car parks and corporate headquarters, as it is important for us to have a broader product range,” she concludes.
“Through our market position as one of the largest suppliers of steel structures in the Nordic region, we have built an experienced and highly skilled organisation over the years that continually takes on increasingly complex projects – this year is no exception. With exceptional commitment, expertise and collaboration, we have completed a number of projects at home and abroad that have contributed to and added further dimensions to our business. Our ability to offer a broad range of steel solutions remains a strength in a challenging market. We have many years of experience in the Swedish market, among others, and to further strengthen our regional presence, we have also established a new company in Sweden,” says Morten Kaad, CEO of DS Stålkonstruktion.
Anders Brinch Sørensen, CEO of DS Elcobyg, explains: “Our belief in our core expertise of ‘Bespoke precast concrete solutions’ of high quality was crucial to our results for the financial period,” and continues: “We have also strengthened our product range through the acquisition of the concrete factory in Genner, which has also enabled us to increase our market share.”
Over the course of the year, DS Stålprofil has cemented its role as a trusted partner for advanced roofing and façade solutions. “Through targeted production improvements and a clearer internal structure based on lean principles and clearly defined areas of responsibility, we create even greater value for our customers through high quality and a strong customer focus. We turn building dreams into reality,” says Thomas L. Rasmussen, CEO of DS Stålprofil.
In the 2024/25 financial year, DS Gruppen continued the focused development of its sustainability strategy through specific measures that were implemented:
“Our direction is clear: We want to create better buildings – economically, environmentally and socially. This year, we have embedded the structure and delivered specific measures that can be measured and felt,” explains Co-CEO Morten Kaad.
DS Gruppens approximately 800 employees are the foundation of the company’s continued development and success. During the financial year, initiatives were implemented to strengthen health, safety and learning across the Group’s companies, including:
“Our values – humanity, responsibility, trust, performance and a pioneering spirit – are the foundation of our corporate culture. They are reflected in our prioritisation of well-being, learning and development through collaboration across generations, as well as in our commitment to young people’s mental health. When trust and responsibility go hand in hand with professional pride and a pioneering spirit, we create workplaces, projects and partnerships that stand the test of time,” emphasises Co-CEO Mike Flörke.
DS Gruppen sees itself as an active contributor to the local community and supported a range of targeted initiatives in 2024/25 that promote young people’s mental health and well-being – from supporting local sports clubs and educational projects to participating in local business events and partnerships focusing on mental health through opportunities for conversation, sport and social events.
The market landscape in Scandinavia continues to be characterised by rising costs, regulatory changes and subdued investment appetite – and geopolitical uncertainties are also affecting the industry. DS Gruppen remains positive and expects stable revenue and a market-aligned, robust EBIT level in 2025/26. It sees signs of more stable operating conditions from 2026, as it stays the course and creates the buildings of the future together with its valued partners and customers.
DS Gruppen is part of the GOLDBECK Group – a European group of companies specialising in systematised construction, innovation and optimised building and construction solutions. The partnership is based on shared values, a high level of technical expertise and a clear understanding of the requirements of modern construction projects.
“The partnership with GOLDBECK enables us to combine our strengths across the value chain and our regional presence with the innovation and growth potential of a European market leader. Together, we create future-proof buildings – efficiently, innovatively and with a clear focus on people,” says Co-CEO Mike Flörke.
DS Gruppen has more than 55 years of experience and comprises the companies DS Flexhal, DS Stålkonstruktion, DS Stålprofil and DS Elcobyg, with production facilities in Hobro and Genner. DS Gruppen has its headquarters in Hobro and offices in Aarhus and Roskilde. In addition, it has sales offices in Norway, Sweden and Germany, as well as design teams in Poland and Slovenia. DS Gruppen employs around 800 people. DS Gruppen is owned by GOLDBECK GmbH.
GOLDBECK delivers future-oriented properties across Europe. The company offers its clients all services from a single partner: from design and construction to services during the operational phase. Guided by the motto “building excellence”, the family-owned company delivers properties economically, quickly and sustainably – always with tailored functionality. GOLDBECK is a partner to small and medium-sized businesses, large corporations, investors, property developers and public-sector clients. The company’s portfolio includes logistics and industrial buildings, multi-storey car parks, office and school buildings, sports halls, fire stations and residential buildings. Refurbishments and building-related services complete the product range. In the 2023/2024 financial year, GOLDBECK completed 510 projects with a total output of €6.4 billion. Today, the company employs around 13,000 people at more than 100 locations across Europe.
Morten Kaad, Co-CEO: mka@ds-gruppen.dk
Mike Flörke, Co-CEO: mfl@ds-gruppen.dk
Contact: Tina Woods, Head of Marketing. two@ds-gruppen.dk
