Ortelius International

Ortelius International (ORTIN) investor relations material

Ortelius International Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.

Q2 2026 earnings summary26 Aug, 2026

Executive summary

Net sales for Jan–Jun 2026 were SEK 26.4 million, down 9% year-over-year, with Q2 sales at SEK 10.7 million, an 18% decrease from the prior year.
EBITDA for Jan–Jun 2026 was SEK -12.2 million, compared to SEK -0.7 million last year; Q2 EBITDA was SEK -6.8 million.
Operating profit for Jan–Jun 2026 was SEK -19.9 million, with Q2 at SEK -10.7 million, reflecting lower sales and higher costs.
Early project terminations, delayed project starts, and weaker sales significantly impacted results.
Major cost reductions and organizational restructuring were implemented, reducing headcount from 48 to 34.

Financial highlights

Net sales: SEK 26.4 million for Jan–Jun 2026 (SEK 28.1 million in 2025); SEK 10.7 million for Q2 2026 (SEK 13.0 million in 2025).
EBITDA: SEK -12.2 million for Jan–Jun 2026 (SEK -0.7 million in 2025); SEK -6.8 million for Q2 2026 (SEK -1.5 million in 2025).
Operating profit: SEK -19.9 million for Jan–Jun 2026 (SEK -4.8 million in 2025); SEK -10.7 million for Q2 2026 (SEK -3.5 million in 2025).
Profit for the period: SEK -24.5 million for Jan–Jun 2026 (SEK -5.5 million in 2025); SEK -14.0 million for Q2 2026 (SEK -3.6 million in 2025).
Earnings per share: SEK -0.3 for Jan–Jun 2026 (SEK -14.5 in 2025); SEK -0.2 for Q2 2026 (SEK -9.3 in 2025).

Outlook and guidance

Cost reductions and restructuring are expected to positively impact cash flow and profitability from Q3 2026 onward.
Management expects gradual improvement, with focus on winning new customers and expanding within existing accounts.
Activities related to a key automotive sector agreement are anticipated to begin late 2026 or early 2027.

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