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Head Engineering (HEAD) investor relations material
Head Engineering Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 consolidated revenue rose to TSEK 133,411 from TSEK 109,088 YoY; operating profit was TSEK 37,912 and net income TSEK 28,860.
Operating cash flow turned negative at TSEK 27,232, as working-capital changes absorbed cash; period-end cash was TSEK 110,914.
Financial highlights
Consolidated revenue was TSEK 133,411 vs TSEK 109,088 in H1 2025; other operating income was TSEK 3,063 vs TSEK 3,296.
Operating profit increased to TSEK 37,912 from TSEK 35,672 YoY; profit after financial items was TSEK 37,599 vs TSEK 35,886.
Net income rose to TSEK 28,860 from TSEK 28,266 YoY; income tax was TSEK 8,739 vs TSEK 7,620.
Parent-company revenue was TSEK 125,453 vs TSEK 99,548; operating profit was TSEK 41,070 vs TSEK 35,285, and net income TSEK 32,367 vs TSEK 28,006.
Key financial ratios and metrics
Consolidated operating cash flow was TSEK -27,232 vs TSEK 17,838 in H1 2025; cash flow before working-capital changes was TSEK 24,477 vs TSEK 35,931.
Cash and cash equivalents ended H1 at TSEK 110,914, down from TSEK 122,299 at June 30, 2025 and TSEK 142,429 at Dec. 31, 2025.
Consolidated total assets were TSEK 497,454 at June 30, 2026 vs TSEK 211,973 a year earlier; equity was TSEK 179,932 vs TSEK 64,943.
- Higher earnings and the VisPro acquisition strengthened growth prospects in process equipment.HEAD
Q4 2025 - SEK 48.1m net income as TOPP and TNT projects advanced amid execution and permit risks.HEAD
Q4 2024 - TOPP orders drove growth as a record TNT order broadened the project pipeline.HEAD
Q4 2023 - Profit fell sharply, but three new tall-oil projects strengthened the forward pipeline.HEAD
Q4 2022
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