AGES Industri (AGES) Q2 2026 earnings summary

Executive summary

• Net sales for Q2 2026 were 238 MSEK, down from 243 MSEK in Q2 2025; operating profit was 10 MSEK (16), with a margin of 4.4% (6.6%).

• For the half-year, net sales reached 471 MSEK (470), operating profit 22 MSEK (30), and margin 4.7% (6.3%).

• Focus during the quarter was on organizational strengthening, new customer projects in energy, infrastructure, and defense, and price adjustments to offset higher input costs.

• The order book has strengthened, supporting expectations for improved performance in the second half of the year.

Financial highlights

• Q2 net sales: 238 MSEK (243); operating profit: 10 MSEK (16); net profit: 7 MSEK (10); EPS: 1.00 SEK (1.34).

• H1 net sales: 471 MSEK (470); operating profit: 22 MSEK (30); net profit: 15 MSEK (20); EPS: 2.11 SEK (2.74).

• Cash flow from operations for H1: 37 MSEK (87); investments: 10 MSEK (15).

• Equity per share at period end: 44 SEK (43); solidity: 45% (37%).

Outlook and guidance

• Price adjustments are expected to have a greater effect in the second half of 2026.

• Strengthened order book and anticipated volume increases provide a positive outlook for the remainder of the year.