Agtira (AGTIRA) Q2 2026 earnings summary

Executive summary

• Achieved record quarterly results with net sales of SEK 30.0 million, up 117% year-over-year, and positive EBITDA of SEK 4.8 million, reflecting strong organic growth and successful integration of acquisitions.

• EBIT improved to SEK -2.3 million from SEK -11.1 million year-over-year, and cash flow from operations turned positive at SEK 5.3 million.

• Strategic focus on large-scale cucumber production and expansion through acquisition and partnerships, notably with GreenV for advanced greenhouse projects.

Financial highlights

• Net sales for H1 2026 reached SEK 58.2 million, up 85% year-over-year; organic growth was 23%.

• EBITDA for H1 2026 was SEK 8.1 million, a turnaround from SEK -10.1 million last year.

• EBIT for H1 2026 improved to SEK -6.4 million from SEK -16.9 million.

• Gross margin for Q2 rose to 57% from 27% year-over-year, driven by cost control and synergies.

• Cash flow from operations for H1 2026 was SEK 5.8 million, compared to SEK -17.0 million last year.

Outlook and guidance

• Targeting continued strong growth and positive EBITDA for the full year 2026.

• Focus on expanding production capacity, especially through the development of the Påarp facility and further greenhouse projects.

• Anticipates further market opportunities due to increased demand for locally produced vegetables and food security concerns.