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Drillcon (DRIL) investor relations material

Drillcon Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary6 Aug, 2026

Executive summary

  • Revenue for Q2 2026 increased by 4% year-over-year to 102 Mkr, with EBIT improving to -2.1 Mkr from -5.5 Mkr.

  • H1 2026 revenue remained flat at 200 Mkr, while EBIT turned positive at 0.5 Mkr compared to -5.2 Mkr in H1 2025.

  • Cash flow from operations improved significantly both in Q2 and H1 2026.

  • Seismic events in Garpenberg negatively impacted EBIT by 7.1 Mkr but are now resolved.

  • New contracts in Spain, Norway, and Sweden support future growth.

Financial highlights

  • Q2 2026 revenue: 102 Mkr (up 4% YoY); H1 2026: 200 Mkr (flat YoY).

  • Q2 2026 EBIT: -2.1 Mkr (improved from -5.5 Mkr YoY); H1 2026 EBIT: 0.5 Mkr (from -5.2 Mkr YoY).

  • Q2 2026 EBITDA: 5.8 Mkr (2.6 Mkr YoY); H1 2026 EBITDA: 15.9 Mkr (10.8 Mkr YoY).

  • Cash flow from operations: Q2 2026: 7.6 Mkr (2.1 Mkr YoY); H1 2026: 20.2 Mkr (11.3 Mkr YoY).

  • Result per share: Q2 2026: -0.05 kr (-0.1 YoY); H1 2026: -0.02 kr (-0.14 YoY).

Outlook and guidance

  • Demand for metals and minerals remains high, supporting a strong investment climate.

  • Efficiency improvements in Portugal are yielding results, with continued focus on profitability.

  • New contracts and expanded customer base expected to drive higher volumes and improved utilization in H2 2026.

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