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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Concejo
Concejo (CNCJO) investor relations material
Concejo Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary20 Aug, 2026
Executive summary
Revenue for Q2 2026 was 108.7 MSEK, down 32% year-over-year, mainly due to the sale of Optronics and deconsolidation of Firenor's Middle East operations.
EBIT for Q2 was -4.9 MSEK, compared to 7.3 MSEK last year; net income was 36.0 MSEK, down from 76.1 MSEK.
H1 2026 revenue was 219.4 MSEK, a 22% decrease year-over-year; EBIT was 131.7 MSEK, significantly boosted by a 146.6 MSEK gain from the Optronics divestment.
Cash flow from operations was negative at -14.3 MSEK for Q2 and -37.7 MSEK for H1.
Dividend of 1.00 SEK per share (11.7 MSEK total) was paid in May 2026.
Financial highlights
Q2 2026 revenue: 108.7 MSEK (159.0 MSEK in Q2 2025); EBIT: -4.9 MSEK (7.3 MSEK); net income: 36.0 MSEK (76.1 MSEK); EPS: 3.11 SEK (6.35 SEK).
H1 2026 revenue: 219.4 MSEK (281.7 MSEK); EBIT: 131.7 MSEK (12.4 MSEK); net income: 181.6 MSEK (80.0 MSEK); EPS: 15.71 SEK (6.77 SEK).
Cash flow from operations: -14.3 MSEK in Q2, -37.7 MSEK in H1.
Equity per share: 67.92 SEK (63.54 SEK in Q2 2025).
Outlook and guidance
Firenor projects show improved execution, but further work is needed for efficiency and predictability.
SBF Fonder's partnership with BauMont is expected to strengthen its position and support future growth.
Increased investment in Xenergic reflects confidence in its long-term potential.
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Latest events from Concejo
- Revenue rose 44%; FY EBIT turned positive, while 2024 outlook remained cautious.CNCJO
Q4 2023 - Strong profit surge from Optronics sale offsets lower sales and mixed segment results.CNCJOQ1 2026
- Profitability improved sharply in 2025, with a major divestment setting up further gains.CNCJOQ4 2025
- Q3 EBIT turned positive despite lower sales, with strong segment results and extra dividend paid.CNCJOQ3 2025
- Exceptional Q2 2025 results with strong earnings, major divestment, and robust segment growth.CNCJOQ2 2025
- Concejo AB posted Q3 growth and profit, but nine-month results remain negative amid investments.CNCJOQ3 2024
- Sales up, profits down; Firenor wins major orders, Concejo pays extra dividend.CNCJOQ2 2024
- Underlying growth and profitability improved, driven by Firenor and SBF Fonder's strong momentum.CNCJOQ1 2025
- 2024 saw record sales but deep losses, driven by Concejo Ventures' negative value changes.CNCJOQ4 2024
Next Concejo earnings date
Q3 202617 Nov, 2026
Concejo
Next Concejo earnings date
Q3 202617 Nov, 2026
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Frequently asked questions
Concejo AB is a Sweden-based investment company specializing in long-term ownership and development of smaller unlisted companies. The company engages in acquiring and supporting various businesses, primarily in sectors such as firefighting systems for offshore platforms, optical gas detection, fire-fighting foam production, bio-oil and biogas production, and cybersecurity services. The company is headquartered in Nacka, Sweden, and its shares are listed on the Nasdaq Stockholm.