Netcompany completes merger with SDC in banking sector, expects growth and synergy

From GlobeNewswire: 2025-07-01 01:46:00

Netcompany has completed the merger with SDC, valued at DKK 1 billion, positioning the company in the financial services industry. The transaction is expected to create innovative banking services and drive growth in Europe. The acquisition is fully debt financed and will have a dilutive impact on EPS for 2025 but will be accretive in 2026 and double-digit percentage accretive by 2028. Netcompany will disclose non-organic revenue and EBITDA in August and expected synergies in October. Share buyback programs will resume in August, with leverage expected to be around 1.5x at the end of 2025. Financial aspirations for 2026 and 2027 will be revised.



Read more at GlobeNewswire: Completion of the combination between Netcompany Banking