Solwers
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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.
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Q1 2026 earnings summary21 May, 2026

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.

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