Comment / Scan Global – making a virtue out of necessity

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Highlighted here, ’more growth, more debt, more losses’ was the narrative at Denmark’s Scan Global only a year ago.

Fast forward to first-quarter (Q1 26) numbers released last Friday (29 May), and the change in the headline story is quite noticeable.

In prepared remarks, it was Scan CEO Allan Melgaard who reminded everybody that the “new phase” at Scan has a solid foundation: “Value creation through disciplined execution.”

It means: chasing precious basis points, accretive to key P&L metrics, that must feed through ...