Momentum Group (MMGR) investor relations material

Executive summary

• Revenue grew 8% year-over-year in Q2 2026 to SEK 886 million, with improved margins and higher earnings driven by both business areas and strong acquisition contributions, especially from Sweden, while Denmark remained weak.

• Six acquisitions completed year-to-date added SEK 230 million in annual revenue and significantly contributed to earnings growth.

• Service operations saw higher utilization due to planned maintenance and previously postponed work.

• The group’s decentralized structure and strong financial position support long-term growth and continued expansion.

Financial highlights

• Q2 2026 net sales rose 8% to SEK 886 million, with acquisitions contributing SEK 53 million.

• EBITA increased by 23% to SEK 113 million (margin 12.8%), and operating profit rose 24% to SEK 97 million (margin 10.9%).

• Net profit for Q2 was SEK 70 million, up 30% year-over-year.

• Revenue for January–June was SEK 1,622 million, up 4% year-over-year; EBITA for the period was SEK 183 million, up 9%.

• Earnings per share for Q2 was SEK 1.30 (up 24%), and for Jan–Jun SEK 2.05 (up 8%).

Outlook and guidance

• Expectation of continued customer caution in the near term, but gradual improvement is anticipated in several segments.

• Focus remains on earnings growth, strong cash flow, and balance sheet control to support acquisitions and investments.

• Targeting average EBITDA growth of 15% per annum over the business cycle, aiming to double EBITDA to SEK 680 million by 2030.

• Continued geographic expansion in the Nordics and selective growth beyond.