Cemat A/S held its Annual General Meeting on Tuesday in Copenhagen, with shareholders gathering to hear the results from what turned out to be a rather good year for the company.
The meeting was chaired by attorney Martin Lavesen of DLA Piper. The presentation was delivered by Chairman Frede Clausen, who guided shareholders through the 2025 financial results.
The numbers spoke for themselves: consolidated group EBITDA came in at DKK 40.0 million, up from just DKK 7.3 million the year before. Net result, after property valuation, reached DKK 65.9 million, compared to DKK 13.4 million in 2024.
Clausen also outlined the company’s prospects for the years ahead. As an investor, Cemat already has a secured pipeline of residential and self-storage projects extending through to 2028. The Chairman also shared the outlook for the current year.
Before shareholders moved to vote on the approval of the annual report, there was time for questions and a broader discussion on the company’s operations and financial performance. The proceedings ran smoothly.
On the personnel side, shareholders re-elected the existing Board of Directors: Frede Clausen, Eivind Dam Jensen, Joanna Iwanowska-Nielsen and Brian Winther Almind. Frede Clausen continues as Chairman and Eivind Dam Jensen as Deputy Chairman. The meeting also appointed Beierholm as the company’s new auditor.