Calviks (CALVIK) Q2 2026 earnings summary

Executive summary

• Achieved record EBITDA and operating profit in Q2 2026, driven by both organic growth and acquisitions.

• Organic growth for the quarter was 5.66% and for the half-year 6.77%.

• Expanded presence in Norway through new platform Norvika and several acquisitions.

• Maintained focus on profitability, cash flow, and disciplined capital allocation.

Financial highlights

• Q2 2026 net sales: 548,113 TSEK (up 31.6% year-over-year).

• Q2 EBITDA: 28,696 TSEK (up 124.9% year-over-year); operating profit: 20,278 TSEK (up 162.8%).

• Q2 net income: 2,631 TSEK; adjusted net income: 9,968 TSEK (adjusted for refinancing premium).

• H1 2026 net sales: 995,000 TSEK (up 86.3% year-over-year); EBITDA: 49,578 TSEK (up 167.4%).

• H1 2026 net income: 3,992 TSEK; adjusted net income: 14,828 TSEK.

• Proforma H1 2026 net sales: 1,027,710 TSEK (up 92%); EBITDA: 52,123 TSEK (up 181%).

Outlook and guidance

• Updated market guidance for 2026 provided.

• Management expects continued growth through selective acquisitions and organic expansion.

• Ongoing preparations for refinancing outstanding bonds to improve financial structure.