EL7.AI
StocksMedium•13 November 2026•
4 min read

Sentia Raises Q3 Revenue 12.9%; H+H Narrows 2026 Outlook

Key Facts

1Sentia’s third-quarter revenue rose 12.9% to 3,217 million Norwegian kroner, from 2,850 million a year earlier.
2Sentia’s new contract orders totaled 3,583 million kroner, compared with 1,044 million in the comparable quarter.
3H+H’s operating margin before special items rose to 8% from 7%, despite a 9% decline in sales volumes.
4H+H narrowed its 2026 guidance to organic growth of -4% to -1% and operating profit before special items of 65 million to 85 million Danish kroner.

Sentia ASA reported a 12.9% year-on-year increase in third-quarter 2026 revenue to 3,217 million Norwegian kroner, compared with 2,850 million in the same period of 2025, according to the company’s disclosure via MFN. Profit before tax was 191 million kroner, versus 189 million a year earlier. New contract orders jumped to 3,583 million kroner from 1,044 million in the comparable quarter. But the order book at quarter-end stood at 18,702 million kroner, down from 19,535 million a year earlier. The figures show growth in revenue and new orders alongside a decline in contracted work on the books compared with the end of the third quarter of 2025.

Sentia said new orders during the quarter included a contract signed by HENT to expand a data center in the Narvik region with two new buildings, with a combined capacity of 75 megawatts. According to the disclosure, HENT will thereby build three buildings for Nscale with total capacity of up to 100 megawatts. The project illustrates the work the company added to its new orders during the period, as its order book at quarter-end stood below its level a year earlier. The figures combine a sharp increase in the value of new orders with an annual decline in total contracted work. Sentia included details of the project in its disclosure on third-quarter activity.

In Denmark, H+H International’s third-quarter results showed operating profit before special items improving to 56 million Danish kroner from 53 million in the same period of 2025, according to its report via PR Newswire. The operating margin before those items rose to 8% from 7%. This came despite a 9% year-on-year decline in sales volumes, according to CEO Jørgen Brinkmann. Brinkmann said the company achieved an 8% margin despite lower sales volumes than a year earlier. He added that passing on costs helped protect margins. The comparison reflects improved profit and margin before special items in a quarter when activity volumes declined.

H+H’s report attributed the 9% decline in sales volumes to the UK and German markets. The report’s figures place pressure in those two markets alongside the improvement in operating profit and its margin. The company’s basic earnings per share were 0.8 Danish kroner in the second quarter of 2026, compared with a loss of 37.3 kroner per share in the second quarter of 2025, according to H+H’s disclosure. That comparison concerns the second quarter, while the operating profit, margin and sales-volume results cited above relate to the third quarter. The difference between the periods shows an improvement in earnings per share in the second quarter compared with the loss recorded a year earlier, alongside the third-quarter operating metrics.

H+H narrowed its 2026 guidance range and now expects organic growth to contract by between 4% and 1%, compared with the previous range of between 5% and 0% contraction, according to the company’s report. It also now expects operating profit before special items of between 65 million and 85 million Danish kroner, compared with a previous range of between 50 million and 100 million. The revised ranges narrow the distance between the lower and upper bounds of each estimate, while the expected organic growth range remains negative. The annual guidance appears in the same report that cited lower third-quarter sales volumes and an improved operating margin before special items. The disclosure did not specify a subsequent date among the facts available here.

Sentia has scheduled the release of its 2026 annual financial report for February 12, 2027, at 07:00, according to its invitation to the third-quarter results presentation. This is the next specified disclosure date in the company information cited here. In the third-quarter results presentation, year-on-year comparisons of new orders, profit before tax and the order book remain central to assessing its operating figures. The Narvik project also stands out among the contracts the company announced for the period, with total capacity of 100 megawatts across the three buildings HENT will construct for Nscale.