Lehto Group
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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.
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Q2 2026 earnings summary20 Aug, 2026

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.

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Frequently asked questions

Lehto Group Oyj provides building, renovation, and construction consulting services. The company carries out the construction work, utilizing subcontractors as required. It offers a range of services, including construction of new houses, apartment blocks, and detached houses; design of energy-efficient solutions for building projects; renovation, additions, basement and garage constructions; maintenance and alterations to existing properties; construction estimating; real estate brokerage; property management; and development. In addition, the company engages in land operations, such as subdividing and building plot constructions; civil engineering operations; timber production; and real estate sales activities. The company was founded in 1976 and is headquartered in Kempele, Finland.