Hedera Group (HEGR) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were 119.4 MSEK, a decrease of 9.4% year-over-year, with EBITDA at 2.1 MSEK and a margin of 1.7%.

• Positive result for the quarter, with ongoing efforts to improve processes and efficiency, including automation and AI integration.

• Leadership changes occurred, with a new interim CEO appointed in April 2026.

Financial highlights

• Operating income was 0.8 MSEK, down from 3.6 MSEK in Q1 2025.

• Earnings per share were SEK 0.01.

• Cash flow for the period was -0.2 MSEK, an improvement from -3.4 MSEK last year.

• Net debt stood at 13.8 MSEK, with a net debt/EBITDA ratio of 15.3x.

• Equity ratio was 45% as of March 31, 2026.

Outlook and guidance

• Management expresses confidence in increased sales and improved profitability for the coming quarters.

• Life Science segment is expected to contribute more in upcoming quarters.

• Focus remains on business growth and margin improvement.