Guideline Geo (GGEO) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 were SEK 49.4 million, flat year-over-year, but up 16% in comparable currency.

• Order intake grew 12% to SEK 51.7 million, with strong demand in the US, Americas, and infrastructure sectors.

• EBITDA improved to SEK 2.3 million (4.7% margin), and EBIT loss narrowed to SEK -1.4 million (-2.9% margin), both better than last year.

• Net result was SEK -0.7 million, a significant improvement from SEK -4.3 million in Q1 2025.

• Major mining orders and a new three-year service agreement worth SEK 6.0 million were secured in the US.

Financial highlights

• Net sales: SEK 49.4 million, flat year-over-year; up 16% in comparable currency.

• Order intake: SEK 51.7 million, up 12% year-over-year.

• EBITDA: SEK 2.3 million (4.7% margin) vs SEK 1.8 million (3.6%) last year.

• EBIT: SEK -1.4 million (-2.9% margin) vs SEK -3.3 million (-6.6%) last year.

• Operating cash flow: SEK 9.8 million; net cash: SEK 23.6 million.

Outlook and guidance

• Growth expected in India, Brazil, and the US, supported by trade agreements and distributor partnerships.

• Defense and mining sectors identified as growth markets, with ongoing partnerships and agreements.

• Cost savings and efficiency gains anticipated from U.S. office consolidation.

• Management remains confident in future prospects despite geopolitical uncertainty.