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NFO Drives (NFO) investor relations material
NFO Drives Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for H1 2026 declined to SEK 7.1 million from SEK 13.7 million year-over-year, mainly due to the loss of the largest customer.
EBIT improved to SEK -1.9 million from SEK -3.8 million year-over-year, as prior period included significant one-time costs.
Launch of a new 11 kW frequency converter completed the product range, enhancing competitiveness and market offering.
Production of key product lines now fully in-house, improving quality control.
Financial highlights
Q2 2026 net sales were SEK 3.8 million, down from SEK 5.5 million in Q2 2025.
Gross margin rose to 33.9% in Q2 2026 from 26.9% in Q2 2025, despite lower sales.
Result before tax for H1 2026 was SEK -1.8 million, an improvement from SEK -3.9 million year-over-year.
Cash flow for H1 2026 was SEK -2.5 million, compared to SEK -4.6 million in H1 2025.
Equity at June 30, 2026, was SEK 8.6 million.
Outlook and guidance
Management maintains a cautious outlook due to weak start of 2026 but is optimistic given positive customer response to new products.
Gross margin expected to strengthen further as older product models are phased out.
- Sales fell after losing a key customer, but margin gains and new products offer future promise.NFO
Q1 202610 Apr 2026 - Sales fell sharply after losing a key client, but margin gains and new products offer hope.NFO
Q4 202513 Feb 2026 - Sales dropped sharply after losing the top customer, but other segments showed strong growth.NFO
Q3 202517 Oct 2025 - Revenue fell sharply after losing the main customer, but gross margin and new products show promise.NFO
Q2 20254 Jul 2025 - Gross margin hit multi-year highs in Q3 despite lower sales, with EBIT turning positive.NFO
Q3 202413 Jun 2025 - Sales fell but margins improved as cost savings and new products offset weak demand.NFO
Q2 202413 Jun 2025 - Sales declined sharply, but margin gains and new products support future growth.NFO
Q1 20256 Jun 2025 - Margin gains and new products drive optimism, but major customer loss clouds outlook.NFO
Q4 20246 Jun 2025
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