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Lehto Group (LEHTO) investor relations material
Lehto Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operations focused on commissioning and deployment of battery energy storage systems, with several projects in testing, implementation, and productive operation phases.
Acquired rights to build a 30 MW battery storage system in Kalajoki; design work underway.
Trading in shares suspended since February 2024; plans to transfer listing to First North Growth Market are ongoing.
Financial highlights
Net sales for January–June 2026 were EUR 0.2 million, down from EUR 0.4 million year-over-year.
Operating result from continuing operations was EUR -1.4 million (EUR -1.5 million in 2025); result for the period was EUR -1.1 million (EUR -1.7 million in 2025).
Cash and cash equivalents at period end were EUR 1.3 million, down from EUR 2.0 million at year-end 2025.
Equity ratio deteriorated to -38.4% from -17.9% at year-end 2025.
Outlook and guidance
No numerical guidance for 2026 net sales or operating result.
Target to build significant new electricity storage capacity during 2026–2028, aiming for EUR 25 million revenue and >10% operating profit margin by 2028.
Business plan and financial targets to be updated by 2026 year-end.
- Losses narrowed as focus shifted to electricity storage, with growth and liquidity risks ahead.LEHTO
Q4 2025 - Massive revenue drop and restructuring mark a pivot to energy solutions amid severe losses.LEHTO
Q2 2024 - Operating losses narrowed as electricity storage projects advanced, but liquidity risks persist.LEHTO
Q2 2025 - Lehto pivots to energy construction after restructuring, targeting EUR 25m sales by 2028.LEHTO
Q4 2024
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