Creturner Group (CRET) Q2 2026 earnings summary

Executive summary

• Focus shifted to digital technology and AI, with environmental technology receiving less emphasis due to weak commercial demand and delayed payments impacting cash flow.

• Financing remains a key challenge, with ongoing negotiations for structural solutions to support expansion.

• Cost-saving measures and prioritization of AI have helped stabilize operations, but growth is constrained by limited investment capital.

Financial highlights

• Net sales for Q2 2026 were 3.3 Mkr, up from 0.4 Mkr in Q2 2025.

• Operating result for Q2 2026 was -6.3 Mkr, an improvement from -16.2 Mkr in Q2 2025.

• Cash position at the end of Q2 2026 was 0.2 Mkr.

• Earnings per share for Q2 2026 was -0.10 kr; for H1 2026, -0.21 kr.

• Number of shareholders at H1 2026: 2,562.

Outlook and guidance

• AI and digital technology remain the primary focus, with strong margins and infrastructure in place for rapid scaling once financing is secured.

• Environmental technology will continue at a reduced pace, with ongoing partner dialogues but limited near-term growth.

• Management expects that resolving financing will enable swift and profitable expansion.