Annual Report 2022: Topsoe delivers strong revenue growth in challenging environment

Topsoe, a global leader in carbon emission reduction technologies, today released its financial results for 2022.

March 2, 2023

9 minute read

First half year: Strong revenue growth in challenging environment underlines Topsoe’s position as a leader in the energy transition

Revenue increased by 10% to DKK 3,210 million driven by strong demand for Topsoe’s energy transition solutions. Growth was 5% in fixed currencies. During the first half...

August 25, 2022

9 minute read

Solid financial results in 2021. Topsoe decarbonization solutions in high demand.

Revenue increased by 1% to DKK 6,225 million in line with the guidance we provided at the beginning of the year. Strong demand for Topsoe’s renewable fuels solutions offset...

March 7, 2022

10 minute read

First half year: Financial results in line with guidance despite continued impact from COVID-19 pandemic

First half year with solid increase in earnings (EBIT before special items) going up 8% to DKK 525 million compared to the first half of 2020. Revenue decreased by 9% to DKK...

August 26, 2021

8 minute read

First half year: Financial results in line with guidance despite continued impact from COVID-19 pandemic

First half year with solid increase in earnings (EBIT before special items) going up 8% to DKK 525 million compared to the first half of 2020. Revenue decreased by 9% to DKK...

August 25, 2021

8 minute read

Annual General Meeting in Haldor Topsoe A/S (2017)

Haldor Topsoe A/S held the Annual General Meeting of the company on 21 March, 2017  at the company’s address at Haldor Topsøes Allé 1, 2800 Kgs. Lyngby, Denmark.

August 3, 2021

Topsoe Annual Report 2017: Focus on consolidating the business

Continuing operations generated revenue of DKK 5,011 million, EBIT of DKK 595 million (equaling an EBIT margin of 12%), and net profit of DKK 403 million. The overall...

August 3, 2021

29 minute read

Annual results 2020 – Strong financial performance despite COVID-19: 5% revenue growth driven by high demand for Topsoe’s market-leading technologies

In 2020, revenue increased to DKK 6,179 million, a 5% increase compared to 2019. EBIT before special items increased by 6% to DKK 853 million. During the year, Topsoe...

February 24, 2021

8 minute read

Annual results 2020 – Strong financial performance despite COVID-19: 5% revenue growth driven by high demand for Topsoe’s market-leading technologies

In 2020, revenue increased to DKK 6,179 million, a 5% increase compared to 2019. EBIT before special items increased by 6% to DKK 853 million. During the year, Topsoe...

February 23, 2021

8 minute read

First half year: 16% revenue growth driven by high demand for Topsoe’s market-leading technologies and catalysts; order intake reduced during COVID-19 pandemic

In the first half of 2020, revenue increased by 16% to DKK 3,202 million compared to the first half of 2019, while EBIT decreased by 5% to DKK 419 million. When adjusting...

August 19, 2020

17 minute read

First half year: 16% revenue growth driven by high demand for Topsoe’s market-leading technologies and catalysts; order intake reduced during COVID-19 pandemic

In the first half of 2020, revenue increased by 16% to DKK 3,202 million compared to the first half of 2019, while EBIT decreased by 5% to DKK 419 million. When adjusting...

August 18, 2020

17 minute read

Topsoe Annual Report 2019: Record results

Revenue increased by 6% to DKK 5,931 million EBITDA (Earnings Before Interest, Tax, Depreciation & Amortization) increased 24% to DKK 1,200 million EBIT (Earnings Before...

March 10, 2020

6 minute read

Topsoe Annual Report 2019: Record results

Revenue increased by 6% to DKK 5,931 million EBITDA (Earnings Before Interest, Tax, Depreciation & Amortization) increased 24% to DKK 1,200 million EBIT (Earnings Before...

March 9, 2020

6 minute read

Roeland Baan new CEO of Haldor Topsoe A/S

Today, the Board of Directors of Haldor Topsoe A/S has announced the appointment of Roeland Baan as new Chief Executive Officer (CEO) as of June 1, 2020. Roeland Baan takes...

February 7, 2020

5 minute read

Roeland Baan new CEO of Haldor Topsoe A/S

Today, the Board of Directors of Haldor Topsoe A/S has announced the appointment of Roeland Baan as new Chief Executive Officer (CEO) as of June 1, 2020. Roeland Baan takes...

February 6, 2020

5 minute read

Topsoe’s revenue increased by 5%, while adjusted operating profit was up by 27%

In the first half of 2019, revenue increased by 5% to DKK 2,757 million compared to the first half of 2018, while EBIT increased by 50% to DKK 440 million. When adjusting...

August 8, 2019

21 minute read

Topsoe’s revenue increased by 5%, while adjusted operating profit was up by 27%

In the first half of 2019, revenue increased by 5% to DKK 2,757 million compared to the first half of 2018, while EBIT increased by 50% to DKK 440 million. When adjusting...

August 7, 2019

21 minute read

Closing of the agreement for Temasek to buy 30% of the shares in Haldor Topsoe A/S from Haldor Topsøe Holding A/S and new members of the Board of Directors of Haldor Topsoe A/S

Today, the agreement, announced on March 12, 2019, between Haldor Topsøe Holding A/S and Temasek for Temasek to purchase 30 percent of the shares in Haldor Topsoe A/S has...

July 3, 2019

1 minute read

Closing the agreement for Temasek to buy 30% of the shares in Haldor Topsoe

Today, the agreement, announced on March 12, 2019, between Haldor Topsøe Holding A/S and Temasek for Temasek to purchase 30 percent of the shares in Haldor Topsoe A/S has...

July 2, 2019

1 minute read

Topsoe Annual Report 2018: Growth and strong results

Revenue increased by 12% to DKK 5,617 million Earnings Before Interest and Tax (EBIT) increased by 19% to DKK 708 million Profit from continuing operations increased by...

March 26, 2019

16 minute read

Topsoe Annual Report 2018: Growth and strong results

Revenue increased by 12% to DKK 5,617 million Earnings Before Interest and Tax (EBIT) increased by 19% to DKK 708 million Profit from continuing operations increased by...

March 25, 2019

16 minute read

Haldor Topsøe Holding A/S sells minority stake to Temasek

Today, Haldor Topsøe Holding A/S and Temasek have signed an agreement for Temasek to purchase 30 percent of the shares in Haldor Topsoe A/S. Closing of the agreement is...

March 12, 2019

3 minute read

Haldor Topsøe Holding A/S sells minority stake to Temasek

Today, Haldor Topsøe Holding A/S and Temasek have signed an agreement for Temasek to purchase 30 percent of the shares in Haldor Topsoe A/S. Closing of the agreement is...

March 11, 2019

3 minute read

Half-year results in line with outlook despite impact from planned US sanctions and declining technology markets

Revenue increased by 3% to DKK 2,630 million, while EBIT decreased to DKK 294 million in the first half of 2018 The financial results were impacted by the planned...

August 8, 2018

15 minute read

Half-year results in line with outlook despite impact from planned US sanctions and declining technology markets

Revenue increased by 3% to DKK 2,630 million, while EBIT decreased to DKK 294 million in the first half of 2018 The financial results were impacted by the planned...

August 7, 2018

15 minute read

The ownership family of Haldor Topsoe A/S has initiated a search to find a financial minority investor

The Topsøe family and Haldor Topsoe A/S have initiated a search process to find a potential investor in order to accelerate growth. It is the intention to list the shares in...

June 12, 2018

2 minute read

The ownership family of Haldor Topsoe A/S has initiated a search to find a financial minority investor

The Topsøe family and Haldor Topsoe A/S have initiated a search process to find a potential investor in order to accelerate growth. It is the intention to list the shares in...

June 11, 2018

2 minute read

Topsoe Annual Report 2017: Focus on consolidating the business

Continuing operations generated revenue of DKK 5,011 million, EBIT of DKK 595 million (equaling an EBIT margin of 12%), and net profit of DKK 403 million. The overall...

March 19, 2018

29 minute read

Annual General Meeting 2018 in Haldor Topsoe A/S

Haldor Topsoe A/S held the Annual General Meeting of the company on March 20, 2018, at the company’s address at Haldor Topsøes Allé 1, 2800 Kgs. Lyngby, Denmark.

March 19, 2018

1 minute read

Annual general meeting of Haldor Topsoe A/S

Haldor Topsoe A/S’ shareholders are hereby invited for the annual general meeting to be held on Tuesday, March 20, 2018, at 15:50 at Haldor Topsøe A/S, Haldor Topsøes Allé...

March 4, 2018

1 minute read

Revenue and EBIT growth from continuing business – half-year results impacted by sale of business areas

Revenue and EBIT from Topsoe’s continuing business increased 5% and 8%, respectively, in the first half of 2017, when adjusting for one-time effects of restarted contracts in...

August 14, 2017

13 minute read

Topsoe Annual Report 2016: Significantly improved profitability in challenging markets

Revenue and EBIT reached an all-time high, revenue grew by 1%, and operating profit (EBIT) increasedby 48%. Revenue and EBIT were positively impacted by restarted...

March 20, 2017

11 minute read

Chairman of the Board Henrik Topsøe resigns due to illness

Vice Chairman Jeppe Christiansen becomes new Chairman of the Board of Haldor Topsoe A/S.

August 10, 2016

6 minute read

Increased profitability in first half of 2016

Revenue was DKK 2,836 million in the first half year of 2016, which is in line with the same period in 2015. EBIT was DKK 435 million, an increase of 105% compared to same...

August 10, 2016

7 minute read

Annual General Meeting 2016 in Haldor Topsoe A/S

Haldor Topsoe A/S held the Annual General Meeting of the company on 31 March, 2016  at the company’s address at Haldor Topsøes Allé 1, 2800 Kgs. Lyngby, Denmark.The agenda of...

March 30, 2016

1 minute read

Topsoe Annual Report 2015: Results influenced by challenging market conditions, but market shares maintained

Revenue grew by 2%; however, adjusted for currency fluctuations, revenue dropped by 4% Operating profit (EBIT) was reduced by 11% Results did not meet growth ambitions,...

March 29, 2016

11 minute read

New customer needs makes Topsoe downsize top management

The markets Haldor Topsoe operates in show a receding development these years. In spite of that – and in spite of intensified competition –Topsoe has managed to maintain...

January 17, 2016

2 minute read

Half year statement 2015

Market share maintained in a difficult first half year for Haldor Topsoe A/S A satisfactory 18% increase in catalyst revenue was not sufficient to counterbalance a...

August 11, 2015

8 minute read

Market share maintained in a difficult first half year for Haldor Topsoe A/S

A satisfactory 18% increase in catalyst revenue was not sufficient to counterbalance a significant decrease in technology revenue of 30%. Overall market share was maintained...

August 11, 2015

1 minute read

Haldor Topsoe A/S lowers guidance for 2015

Due to slow-down in order intake of technology projects influenced by a general downward trend on the global market for technology projects, Haldor Topsoe A/S is revising...

June 23, 2015

1 minute read

Annual General Meeting in Haldor 2015 Topsoe A/S

Haldor Topsoe A/S held the Annual General Meeting of the company on 27 March, 2015  at the company’s address at Nymøllevej 55, 2800 Kgs. Lyngby, Denmark.

March 26, 2015

1 minute read

Annual report 2014: Another year with solid progress for Topsoe

2014 was another good year for Haldor Topsoe A/S, both in terms of financial performance, overall R&D development and the progress made on a number of projects and...

March 25, 2015

7 minute read

Haldor Topsoe and Ferrostaal to form joint venture

Ferrostaal Topsoe Projects GmbH combines project planning, project development and financing with worldwide leading technologies The joint venture will offer the...

March 25, 2015

3 minute read

Haldor Topsoe A/S to publish 2014 annual report on March 27, 2015

Following approval from the Board of Directors, Haldor Topsoe A/S will publish its 2014 annual report on March 27, 2015, and  not  as previously communicated by the company...

March 8, 2015

Financing for Tianjin plant in place

Important milestone reached in Topsoe’s biggest investment ever.

February 8, 2015

1 minute read

Financial report for the first half of 2014

The results of the first half of 2014 for Haldor Topsoe A/S did not meet our growth expectations.Revenue decreased compared to first half of 2013 primarily due to postponed...

August 11, 2014

7 minute read

Topsoe lays foundation for future growth, Annual Report 2013

In 2013 Haldor Topsoe A/S achieved satisfactory financial results and made important progress in terms of the strategic initiatives the company has launched to pave the way...

July 8, 2014

4 minute read

Topsoe invests in UK-based battery technology company Faradion

Haldor Topsoe A/S, a global market leader in catalysis and related process technologies, has recently acquired 18% of the shares in the battery technology company Faradion...

February 4, 2014

4 minute read

Topsoe board of directors approve capital investment to build catalyst plant in China

Haldor Topsoe A/S’ board of directors today approved the capital investment needed to carry out the construction that in two primary phases will establish a new automotive...

December 10, 2013

2 minute read

Haldor Topsoe A/S rings the NASDAQ opening bell in New York

Earlier today, Haldor Topsoe A/S, a global market leader in catalysis and related process technologies, rang the NASDAQ stock market opening bell in New York. President and...

December 1, 2013

3 minute read

Haldor Topsoe maintains solid performance in first half of 2013

In the first half of 2013, Haldor Topsoe A/S maintained a solid performance level achieving profitability and growth rates in line with the company’s overall ambitions. The...

August 14, 2013

6 minute read

Corporate bonds issued by Haldor Topsoe A/S admitted to trading

The following corporate bonds issued by Haldor Topsoe A/S on June 17, 2013, have been admitted to trading on NASDAQ OMX First North Bond Market (Copenhagen). DKK...

June 27, 2013

Annual report 2012

Annual report 2012:Topsoe delivers best result ever Haldor Topsoe A/S’s operating profit in 2012 was the best ever in the company’s history.

March 14, 2013

4 minute read

Topsoe's Annual report 2010

2010 was a satisfactory year with progress within most of our business areas. Our sales to the refinery sector were, however, still influenced by the repercussions of the...

March 27, 2011

11 minute read