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Solwers (SOLWERS) investor relations material
Solwers Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 2.9% year-over-year to €21.0 million in Q1 2026, with EBITA at €0.3 million, slightly above the prior year.
Performance improved modestly, but results did not meet management's ambitions due to continued price competition and a weak construction market.
Finnish operations outperformed Swedish ones, with infrastructure and specialist design segments showing steady results.
No acquisitions were made in Q1; focus remains on identifying synergistic M&A targets.
Financial highlights
EBITDA was €1.13 million (5.4% margin), up from €1.11 million in Q1 2025.
EBITA increased to €0.26 million (1.2% margin) from €0.17 million (0.8%) year-over-year.
Adjusted EBITA was €0.27 million (1.3% margin), down from €0.43 million (2.1%) in Q1 2025.
ROCE declined to 2.9% from 4.9% year-over-year.
Average headcount was 715, slightly down from 721 in Q1 2025.
Outlook and guidance
2026 outlook unchanged: EBITA expected to improve versus 2025.
Challenging market conditions persist, but performance is anticipated to strengthen as the year progresses.
- Revenue up 2.9% to EUR 80.6M, EBITDA margin at 5%, net profit negative, no dividend for 2025.SOLWERS
Q4 20255 Mar 2026 - Revenue up 20.2% to €39.9M, but profitability declined; outlook positive for key sectors.SOLWERS
Q2 202422 Jan 2026 - Revenue up 19% to EUR 78.3M, EBITDA margin at 7%, six acquisitions, recovery expected in H2 2025.SOLWERS
Q4 202426 Dec 2025 - Revenue up 6% but profits down; cost-saving actions and CEO transition amid tough markets.SOLWERS
Q2 202523 Nov 2025 - Q3 2025 saw revenue growth, improved profitability, and early signs of market recovery.SOLWERS
Q3 202521 Nov 2025 - Q3 2024 revenue up 20.9% year-over-year, with strategic expansion and acquisitions fueling growth.SOLWERS
Q3 202413 Jun 2025 - Revenue grew 6.2% in Q1 2025, but profitability declined amid ongoing market challenges.SOLWERS
Q1 20256 Jun 2025
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