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Topsoe's revenue grows as profit slides

The Danish company’s top line surged in the first half year, but earnings took a substantial dive. Withdrawing from Russia left a mark on accounts, while transport issues and costs of materials and energy also burden the group’s financials.

Photo: PR Haldor Topsøe

The first half of this year has finally started to leave some unsightly marks on Topsoe’s accounts owing to the general market situation. The Danish catalysis and cleantech firm does, however, report a marked increase in order intake.

In the first six months of 2022, revenue jumped by 10% to DKK 3.21bn (EUR 430m), while earnings before interest, taxes, depreciations and amortizations fell by 18% to DKK 562m.

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