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Fondia (FONDIA) investor relations material
Fondia Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for H1 2026 grew 0.5% year-over-year to €12.7 million, with profitability improving significantly across key metrics, supported by goal-oriented leadership and technology adoption.
Strategic initiatives prioritized customers and employees, leveraging harmonized commercial leadership and technology for operational improvements.
Growth was driven by strong performance in Finland (+4.6%) and the Baltics (+28%), while Sweden saw a 3.8% decline in net sales.
Financial highlights
H1 2026 net sales reached €12.7M, up 0.5% year-over-year; Q2 net sales were €6.4M, up 2.9% from the prior year.
Adjusted EBITDA for H1 was €1.3M (10.2% margin), up from €0.9M (7.3%) year-over-year; adjusted EBIT was €0.8M (6.6% margin), up from €0.5M (3.7%).
Profit for the period was €0.6M, compared to a €0.1M loss in the prior year; net earnings per share reached €0.14, up from -€0.02.
Cash and cash equivalents increased to €963k at period end, up from €291k at the start of the year.
Average personnel in H1 was 140, down 5.0% year-over-year.
Outlook and guidance
Expects net sales growth and improved adjusted EBITDA margin for the full year 2026 compared to the previous year; outlook remains positive.
- Profitability and margins improved in Q1 2026, with growth in Finland and the Baltics.FONDIA
Q1 2026 - Profitability rose despite a 6.6% sales drop, with margin gains and Baltic growth expected in 2026.FONDIA
Q4 2025 - Profitability improved in Q3 2025 despite a 7% net sales drop and mixed regional results.FONDIA
Q3 2025 - Net sales fell 8.1% in H1 2025, with profitability impacted by restructuring and market headwinds.FONDIA
Q2 2025 - Profitability and margins improved in Q3 2024, with Baltic growth amid market uncertainty.FONDIA
Q3 2024 - H1 2024 net sales grew 1.8% to €13.8M, with stable profits and strong Baltic performance.FONDIA
Q2 2024 - Sales and profit fell in Q1 2025, with restructuring and market uncertainty ongoing.FONDIA
Q1 2025 - Profitability weakened in 2024; transformation and cost-saving actions target recovery.FONDIA
Q4 2024
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