Veteranpoolen
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Veteranpoolen (VPAB) investor relations material

Veteranpoolen Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary25 Aug, 2026

Executive summary

  • Accelerating growth and improved profitability marked the second quarter of 2026, with group revenue rising nearly 19% year-over-year and operating profit increasing due to higher sales, cost control, and reduced international expansion costs.

  • Demand from corporate clients for skilled, reliable personnel increased, and 26 out of 64 local offices set new sales records in June.

  • The Danish subsidiary, Seniorstyrken ApS, contributed positively, more than doubling its quarterly revenue year-over-year.

Financial highlights

  • Q2 2026 net revenue: 224,287 kkr (up 18.7% year-over-year); H1 2026 net revenue: 351,110 kkr (up 16.8%).

  • Q2 2026 operating profit: 27,599 kkr (margin 12.3%); H1 2026 operating profit: 33,909 kkr (margin 9.7%).

  • Q2 2026 net income: 22,081 kkr; H1 2026 net income: 27,259 kkr.

  • Q2 2026 EPS: 1.08 kr (undiluted), 1.07 kr (diluted); H1 2026 EPS: 1.35 kr (undiluted), 1.33 kr (diluted).

  • Cash flow from operations (H1 2026): 10,344 kkr.

Outlook and guidance

  • Continued focus on expanding customer base and engaging more senior workers for extra employment.

  • Ongoing international expansion, with Denmark as the first step.

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Frequently asked questions

Veteranpoolen AB operates as a staffing and recruitment company based in Sweden. The firm primarily provides a range of services to both private and business clients, including staffing for household chores, gardening, administrative tasks, manufacturing support, warehouse logistics, and property management. Veteranpoolen is known for its unique employment model which mainly involves hiring retirees, offering them various roles across different industries such as sales, customer service, office support, and industry operations. This approach not only helps in catering to the diverse needs of its clients but also aids in enhancing the quality of life for the elderly by keeping them active in the workforce. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nordic Growth Market.