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Wetteri
Wetteri (WETTERI) investor relations material
Wetteri Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary21 May, 2026
Executive summary
Revenue for Q1 2026 was €107.8M, down 7% year-over-year, mainly due to lower delivery volumes and divestment of heavy vehicle maintenance.
Order backlog for new cars increased 39% from year-end to €61.6M, with new car orders up 23% year-over-year.
Adjusted operating result was -€1.5M, similar to Q1 2025; adjusted EBITDA was €2.2M, down 3% year-over-year.
Strategic focus shifted to passenger cars, with new service launches and acquisitions in key markets.
Market showed signs of recovery towards quarter-end, with passenger car registrations up 3% year-over-year.
Financial highlights
Revenue: €107.8M (Q1 2025: €115.5M), down 7% year-over-year.
Adjusted EBITDA: €2.2M (Q1 2025: €2.3M, -3%).
Adjusted operating result: -€1.5M (Q1 2025: -€1.4M).
Net loss: -€3.1M (Q1 2025: €10.9M profit); EPS: -€0.02 (Q1 2025: €0.07).
Equity ratio: 20% (Q1 2025: 21–22%); net debt: €82.5M, down 23% year-over-year.
Outlook and guidance
Revenue and adjusted operating profit expected to grow and turn positive in 2026 compared to 2025.
Market forecasts predict a 6% increase in new passenger car registrations in Finland for 2026.
Strategic targets for 2026–2028: >10% annual organic revenue growth, adjusted operating profit at 3% of revenue, equity ratio at least 25%.
Why 39% new car order backlog didn't impact Q1?
New adjusted equity ratio covenant thresholds
Terms of Sports Car Center Airport Helsinki deal
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Next Wetteri earnings date
Q2 202620 Aug, 2026
Wetteri
Next Wetteri earnings date
Q2 202620 Aug, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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