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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Serstech
Serstech (SERT) investor relations material
Serstech Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary15 Jul, 2026
Executive summary
Net sales for Q2 2026 reached KSEK 9,658, more than doubling year-over-year, reflecting commercial progress despite a cautious market environment.
The opportunity pipeline is growing in both value and quality, with several multi-year customer projects nearing completion and expected to generate orders within 12 months.
AI-driven improvements in product performance and development efficiency have strengthened competitiveness and reduced the need for R&D expansion.
Operational readiness is improving, with inventory levels expected to support future demand and no significant component shortages anticipated.
Financial highlights
Q2 2026 net sales: KSEK 9,658 (Q2 2025: 4,563); H1 2026 net sales: KSEK 16,184 (H1 2025: 24,455).
Q2 2026 EBITDA: KSEK -2,426 (Q2 2025: -9,041); EBIT: KSEK -5,275 (Q2 2025: -11,158).
H1 2026 EBITDA: KSEK -6,704 (H1 2025: -8,370); EBIT: KSEK -11,790 (H1 2025: -12,495).
Q2 2026 earnings per share: SEK -0.02 (Q2 2025: -0.04); H1 2026: SEK -0.05 (H1 2025: -0.05).
Cash flow from operating activities in Q2 2026: KSEK -4,529 (Q2 2025: -11,631); H1 2026: KSEK -11,548 (H1 2025: -14,772).
Outlook and guidance
Management expects several strategic projects to result in orders within the next 12 months, with some anticipated before year-end.
AI integration is expected to continue driving efficiency and product performance, with future recruitment focused on production rather than R&D.
Inventory levels are being built up to SEK 40 million in sales value by September to support anticipated demand.
No significant impact from tariffs or geopolitical factors is expected in the coming quarters barring new major events.
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Latest events from Serstech
- Q1 2026 saw lower sales and earnings, but gross margin rose and strong order intake signals recovery.SERT
Q1 2026 - Revenue and earnings fell in 2025, but margin and growth improvements are expected in 2026.SERTQ4 2025
- Q3 2025 sales surged 129% year-over-year, with strong liquidity and expanded operations.SERTQ3 2025
- Q2 2025 revenue plunged 79% year-over-year, but gross margin held at 73% and liquidity strengthened.SERTQ2 2025
- Q3 revenue dropped sharply, but new orders and strong demand support a positive 2025 outlook.SERTQ3 2024
- Profitability sustained in Q2 2024 as new product launches and major orders drive future growth.SERTQ2 2024
- Q1 2025 sales up 40% year-over-year, but profitability pressured by higher costs and restructuring.SERTQ1 2025
- Serstech ended 2024 with strong Q4 orders and plans major sales and R&D investments for 2025.SERTQ4 2024
Next Serstech earnings date
Q3 20263 Nov, 2026
Serstech
Next Serstech earnings date
Q3 20263 Nov, 2026
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Frequently asked questions
Serstech AB specializes in chemical identification solutions using advanced spectroscopy technology. The company's key product is the Serstech Arx, a handheld Raman spectrometer designed for field use by police, military, and first responders. This device facilitates the rapid and accurate identification of chemicals, including narcotics, explosives, and chemical warfare agents, using patented autofocus and SERS (Surface Enhanced Raman Scattering) technology. Serstech is headquartered in Lund, Sweden, and its shares are listed on the Stockholm Stock Exchange.