Logotype for Energy Save

Energy Save (ESGR) investor relations material

Energy Save Q2 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Energy Save
Q2 25/26 earnings summary15 Aug, 2025

Executive summary

  • Net sales dropped 85% year-over-year to SEK 15.4 million, mainly due to a 95% decline in OEM sales from delayed deliveries, customer stock balancing, and geopolitical uncertainty.

  • ES/own brand sales increased 10% year-over-year and 40% sequentially, partially offsetting OEM declines.

  • Cost-saving measures reduced operating expenses by 26% year-over-year, including internalizing consultants and reorganization.

  • Management expects a rebound in the second half of the year, supported by new product launches and expanded distribution.

  • A SEK 25 million short-term loan was secured post-period to strengthen liquidity, 80% guaranteed by the Swedish Export Credit Agency.

Financial highlights

  • Total revenue for the quarter was SEK 16.7 million, down 85% year-over-year; net sales at SEK 15.4 million.

  • EBIT margin was -96% for the quarter, reflecting the temporary sales drop and one-off reorganization costs.

  • Gross margin improved to 29.1% from 25.8% year-over-year.

  • Operating expenses decreased by 26%, with external costs down 46% and personnel costs up 15% due to internalizing consultants.

  • Negative operating cash flow of SEK -8.6 million, compared to SEK -7 million in the prior year.

Outlook and guidance

  • Turnover is expected to recover in Q3 and Q4 as OEM orders resume and new ES propane platform launches.

  • Management anticipates a return to previous sales and profitability trends in the second half of the year, with seasonal strength in Q4.

  • Focus will shift to customer-driven development, cost efficiency, and expanded distribution.

  • ES brand sales are expected to become a more significant part of the mix, especially in new European markets.

  • Lower interest rates, reduced inflation, and favorable energy price dynamics support a positive outlook.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Energy Save earnings date

Logotype for Energy Save
Q3 25/2613 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Energy Save earnings date

Logotype for Energy Save
Q3 25/2613 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

ES Energy Save Holding AB, is a Swedish energy technology company contributing to the global energy transition through the development of hybrid solutions and cost-effective air/water heat pump systems. The company's focus is on creating scalable and sustainable business models that support energy efficiency and environmental sustainability. Through its development of high-performance heat pump systems based on air/water technology, ES Energy Save Holding AB addresses both commercial and residential needs for effective and efficient heating solutions. The company's product portfolio is designed to provide significant energy savings, reduce carbon footprints, and enhance the overall energy efficiency of buildings and facilities. ES Energy Save Holding AB is headquartered in Sweden, and its shares are listed on OMX Stockholm.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage