Calviks (CALVIK) Q2 2026 earnings summary

Executive summary

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

• Net sales for Q2 2026 increased 31.6% year-over-year to 548,113 TSEK, with organic growth of 2.84%.

• Proforma net sales for H1 2026 reached 1,027,710 TSEK, up 92% year-over-year.

• Expansion in Norway accelerated through new platform Norvika and several acquisitions.

Financial highlights

• Q2 2026 net sales: 548,113 TSEK (416,481 TSEK in Q2 2025), EBITDA: 28,696 TSEK (12,759), operating profit: 20,278 TSEK (7,717).

• H1 2026 net sales: 995,000 TSEK (534,218), EBITDA: 49,578 TSEK (18,543), operating profit: 35,756 TSEK (12,281).

• Q2 2026 net income: 2,631 TSEK (769), EPS: 0.19 SEK (0.14), adjusted net income: 9,968 TSEK (769), adjusted EPS: 1.54 SEK (0.14).

• Cash flow from operations in Q2: 14,073 TSEK (7,304), total cash flow: -3,159 TSEK (75,052).

• Cash and equivalents at period end: 116,933 TSEK (90,556).

Outlook and guidance

• Updated market guidance for 2026 issued, with continued focus on profitable growth and disciplined capital allocation.

• Management expects further expansion in Norway and ongoing selective acquisitions.