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Hedin Mobility (HEDIN) investor relations material
Hedin Mobility Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales fell 13% year-over-year to SEK 20,112 million due to weak vehicle sales, especially in the first two months of 2026.
Operational earnings dropped to SEK -174 million from SEK 103 million, with cost measures unable to offset lower volumes and margins.
Operating profit was SEK -239 million, and net loss widened to SEK -429 million compared to SEK -222 million last year.
Order intake improved towards quarter-end, resulting in a higher order backlog year-over-year.
A 15-month bond extension, extended bank facilities, and a SEK 500 million capital contribution were completed to strengthen liquidity.
Financial highlights
Net sales: SEK 20,112 million (down 13% year-over-year).
Operational earnings: SEK -174 million (margin -0.9%).
Operating profit: SEK -239 million (margin -1.2%).
Net loss: SEK -429 million.
Cash flow from operating activities: SEK 771 million.
Total assets: SEK 48,008 million; net debt decreased by SEK 466 million.
Outlook and guidance
Market remains uncertain with subdued demand, but order intake and backlog improved in March and April.
Continued focus on cost control, stock levels, and operational execution.
Too early to confirm a broader market recovery.
- Revenue and profit fell in 2025 amid weak demand, but cash flow and net debt improved.HEDIN
Q4 202527 Feb 2026 - Net sales up 18% year-over-year, but sharp margin decline led to a net loss of MSEK -822.HEDIN
Q3 202418 Dec 2025 - Sales up 25% but profit turns negative amid weak EV demand and inventory write-downs.HEDIN
Q2 202418 Dec 2025 - First annual net loss driven by used EV price declines; cost-saving measures underway.HEDIN
Q4 202418 Dec 2025 - Net sales fell 2% but operating profit and cash flow improved amid higher order intake.HEDIN
Q1 202518 Dec 2025 - Operational earnings and profit improved despite lower sales, driven by efficiency gains.HEDIN
Q2 202518 Dec 2025 - Q3 saw lower sales and profit, but cost savings improved year-to-date operational earnings.HEDIN
Q3 202518 Dec 2025
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