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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.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.
- Strong revenue and profit growth, with robust international expansion and a proposed dividend.VPAB
Q1 2026 - Strong revenue and profit growth in 2025, with expansion in Denmark and higher dividend proposed.VPAB
Q4 2025 - Strong Q3 growth, rising profits, and international expansion drive continued momentum.VPAB
Q3 2025 - Q2 2025 saw 10% revenue growth, higher profits, and continued international expansion.VPAB
Q2 2025 - Q3 sales up 6.7%, operating margin 13.6%, and international expansion underway.VPAB
Q3 2024 - Q2 2024 delivered double-digit growth, margin gains, and a 2 SEK/share dividend.VPAB
Q2 2024 - Strong Q1 growth and margin improvement, led by private and care services.VPAB
Q1 2025 - 11% revenue growth and robust profit, with dividend raised to 2.25 SEK per share.VPAB
Q4 2024
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